ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following countries has the most new business start ups happening every year?
A
USA
B
India
C
Brazil
D
UK
Explanation: 

Detailed explanation-1: -Among the world’s largest nations, the U.S. has by far the highest rate of startup investment relative to population. Over the past year, venture investors put nearly $270 billion to work-averaging out to around $800 for every person in the country.

Detailed explanation-2: -The United States was by far the best country for startups in 2022, according to data provided by StartupBlink. With a total score of 195.37, the U.S. had almost more than four times so many points as the second ranked United Kingdom, with a score of 52.56.

Detailed explanation-3: -Countries with the Most Startups. The USA leads the way when it comes to the number of startups. It is home to around 72, 560 startups.

Detailed explanation-4: -About 90% of startups fail. 10% of startups fail within the first year. Across all industries, startup failure rates seem to be close to the same. Failure is most common for startups during years two through five, with 70% falling into this category.

Detailed explanation-5: -San Francisco, CA. There’s no surprise that San Francisco tops our list. New York, NY. New York is the second-largest startup ecosystem in the US. Los Angeles, CA. Boston, MA. Seattle, WA. Austin, TX. Chicago, IL. San Diego, CA. 04-Jan-2023

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