Entrepreneurs need economic freedom to thrive. What does this freedom include?
A) freedom to make money, freedom from taxation, and freedom from regulation
B) freedom to make money, freedom to hire people, and freedom from taxation
C) freedom of choice, freedom from excess regulation, and freedom from too much taxation
D) freedom to hire people, freedom to compete, and freedom from all regulation

Question

Quizplus · Accepted Answer

Economic freedom for entrepreneurs includes the freedom of choice to pursue business opportunities, freedom from excess regulation, and freedom from excessive taxation. This allows entrepreneurs to innovate, take risks, and create jobs, which ultimately benefits the economy as a whole. While some regulation and taxation are necessary for a functioning society, excessive regulation and taxation can hinder entrepreneurship and stifle economic growth. The freedom to hire people and compete are also important, but they are not the only aspects of economic freedom that entrepreneurs need to thrive.

Entrepreneurs Need Economic Freedom to Thrive