The United States is considered by the Institute for Management Development to be the most competitive economy because
A) U.S. residents are willing to work harder than anyone else is.
B) of widespread entrepreneurship.
C) of a high saving rate.
D) of selected restrictions on imports from Japan and Europe.

Question

Quizplus · Accepted Answer

The Institute for Management Development considers widespread entrepreneurship as one of the factors that make the US the most competitive economy. While factors such as a high saving rate and restrictions on imports may contribute to the overall competitiveness, they are not identified as the primary reason by the institute. The idea that US residents are willing to work harder than anyone else is a questionable assumption and not supported by concrete data.

The United States Is Considered by the Institute for Management