Researchers have found that the percentage of people who start new businesses is much higher in countries with high per capita income than in countries with moderate per capita income. ββββ ββ ββ ββ ββββββββ βββββ ββββ βββββββββββββ ββ βββββ βββ βββββββββββββ βββββββββ βββββ ββββββββββ ββ ββββ βββββββββ ββ βββββββββ ββββββββ ββββββββββββββ βββ βββββ βββ ββββ ββββ βββββββββββββ ββ βββββββββββ ββββββββββ βββββββββββββ ββββββββ βββ βββββββββββ ββββ βββββ ββββ βββ ββββββββββ ββ ββββββ βββ βββββ ββββββββββ ββ ββββ ββββββ ββ ββββββββββ βββββββββ ββββ ββ βββββββββββ βββββ
Why is the percentage of people starting businesses higher in low-income countries than in high-income ones, even though there are more perceived business opportunities in high-income countries, where entrepreneurs often start businesses to take advantage of these opportunities?
The correct answer will be a hypothesis explaining the difference in motivations for starting a business in high- versus low-income countries. While entrepreneurs in high-income countries often start businesses take advantage of abundant perceived business opportunities, entrepreneurs in low-income countries must have a different motivation.
Analysis by EleanorRoberts
Which one of the following, ββ βββββ βββββ ββββ ββββ ββ βββββββ βββ ββββββββββββ ββββββββββ ββββββββ
In both high- βββ ββββββββββ ββββββββββ ββββ ββββ ββββ ββ βββ ββββββββββ ββββββ ββ βββββββ ββββ βββ ββ ββββ ββββ βββ ββ βββ βββββββ
Many governments of βββββββββββ βββββββββ βββββββ ββββββββββ ββ βββββββββββ βββ ββββ ββ βββββ βββββββββββ βββ ββββ βββ βββββββββββ ββ ββββββββββ βββββββββ ββ βββ
The percentage of βββ ββββββββββ ββββ ββββ ββββββ β βββ βββββ ββ βββββ βββββββ ββ βββββββββ ββ ββββββ ββ ββββββββββ βββββββββ ββββ ββ βββββββββββ ββββββββββ
In high-income countries, ββββ βββββββββββββ βββ βββββ ββββββββββ ββ ββββ βββββββββ ββ βββββββββ ββββββββ βββββββββββββ ββββ ββββββββ ββββ βββ βββββββββββββ ββββ βββββββββ
In low-income countries, ββββ βββββββββββββ βββββ ββββββββββ βββββββ βββ βββββ ββββββββββ βββββββ βββ ββββββ ββββββ ββ βββββββββββββββ