In the context of factors of production, which of the following is most likely to result in a decrease in entrepreneurial activities?
A) High taxation
B) Limited regulation
C) An increase in global trading
D) Private ownership of the means of production

Question

Quizplus · Accepted Answer

High taxation can reduce the potential profits for entrepreneurs, making entrepreneurial activities less attractive and potentially leading to a decrease in such activities.

In the Context of Factors of Production, Which of the Following