High taxation, excess regulation, and limited choices in a business environment are likely to result in:
A)a decrease in entrepreneurial activities.
B)an increase in the level of personal freedom.
C)an increase in global trading.
D)a social crisis.

Question

Quizplus · Accepted Answer

When high taxation, excess regulation, and limited choices exist in a business environment, entrepreneurs are less likely to start new businesses or expand existing ones. This can lead to a decrease in entrepreneurial activities, which can have negative impacts on job creation, economic growth, and innovation.

High Taxation, Excess Regulation, and Limited Choices in a Business