The existence of extractive institutions discourages entrepreneurship in an economy by ____________. a. failing to regulate markets. b. . c. . d. allowing excessive profitability.

Respuesta :

By creating barriers to entry, extractive institutions inhibit entrepreneurship in an economy.

What do you mean by entrepreneurship?

An individual who starts a new firm, bearing on the majority of the risks and reaping the most of the gains, is known as an entrepreneurs. The businessman is widely perceived as an inventor, a supplier of fresh ideas for products, services, businesses, and operational methods.

How does entrepreneurship grow?

Entrepreneurship development is essentially the process of enhancing an entrepreneur's skill set and expertise. This can be done via a variety of techniques, such as classroom lessons or skills training created specifically to improve entrepreneurial aptitude.

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The complete question is -

The existence of extractive institutions discourages entrepreneurship in an economy by​ ____________.

A. upholding private property rights.

B. allowing excessive profitability.

C. failing to regulate markets.

D. creating barriers to entry.