Incentive to own and operate businesses is high in nations whose governments are proponents of socialistic practices.

Name: Incentive to own and operate businesses is high in nations whose governments are proponents of socialistic practices.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

In nations with socialistic practices, the government typically plays a larger role in the economy and may impose higher taxes and regulations on businesses, which can reduce the incentive for individuals to own and operate businesses.

Incentive to Own and Operate Businesses Is High in Nations