Ways through which political environment of a country may support entrepreneurship development?
Answers
Answer:
The political environment can impact business organizations in many ways. ... Increase or decrease in tax could be an example of a political element. Your government might increase taxes for some companies and lower it for others. The decision will have a direct effect on your businesses.
Explanation:
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Explanation:
Political developments such as new presidents and new parties in control of Congress obviously have a major impact on our daily lives, but it’s also important to realize how these changes could affect the world of entrepreneurship and startup companies.
The decisions the politicians are making, and the zeitgeist of the era factor in heavily in many different ways:
What types of startups are created? Cultural attitudes can dictate what types of startups are created; after all, most companies are started to address a specific consumer need. If politics affect those needs, startups are indirectly affected.