INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is one reason that it is easier than ever for small businesses to engage in international trade?
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Decreasing international middle class
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Technological advances
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Language barries
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Increased regulation
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Explanation:
Detailed explanation-1: -This is not surprising when you consider the many reasons why small businesses continue to thrive in the United States: Independence and a better lifestyle: Large corporations no longer represent job security or offer the fast-track career opportunities they once did.
Detailed explanation-2: -Disadvantages of Small Business Ownership The financial resources needed to start and grow a business can be extensive. You may need to commit most of your savings or even go into debt to get started. If things don’t go well, you may face substantial financial loss.
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