Which statement most accurately describes the role of entrepreneurship in Latin America?

Entrepreneurship is rapidly growing since the government does not regulate or tax new businesses.

Entrepreneurship is declining since many Latin Americans are finding government jobs.

Entrepreneurship is growing but there are many government obstacles and taxes entrepreneurs must face.

Many Latin America governments give entrepreneurs generous tax breaks and incentives to start new businesses.

Respuesta :

Answer:

D). Many Latin American governments give entrepreneurs generous tax breaks and incentives to start new businesses.

Explanation:

The last statement asserts a true claim regarding the role of entrepreneurship in Latin America as the tax-breaks and incentives offered by the Latin American government to encourage the people to start-up new businesses has really helped in enhancing the pace of entrepreneurship in the state. Such rebates have encouraged and motivated people to invest in businesses and take it as an opportunity to transform their lives and people are now more inclined towards being the job creator instead of job-seeker. Thus, entrepreneurship is in the trend in Latin America, and hence, option D is the correct answer.