The government of the nation of Bingland is trying to achieve a high quality of life by imposing strict regulations to protect the environment and ensure safe working conditions in factories and mines.The government also has established ambitious programs to help the poor,financing them by setting high tax rates.These efforts by Bingland's government should create an atmosphere that encourages entrepreneurship.
One of the things a government can do to encourage entrepreneurship and the formation of wealth is to keep regulations and taxes to a minimum.
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