Which of these countries is likely to have the highest level of entrepreneurship?

Question

A.
a country that heavily restricts trade

B.
a country that has few natural resources

C.
a country with a pure market economy

D.
a country with a pure command economy

Answer 1

The country likely to have the highest level of entrepreneurship is:

C. a country with a pure market economy.

A pure market economy typically allows for more freedom in terms of business creation, trade, and investment, fostering an environment where entrepreneurs can innovate and start new ventures. In contrast, countries that heavily restrict trade (A), have few natural resources (B), or operate under a pure command economy (D) tend to impose various limitations that can stifle entrepreneurship.