Cantlivia is a small and poor nation, but its current prime minister has a desir

Question

Cantlivia is a small and poor nation, but its current prime minister has a desire to create more wealth for her citizens. The prime rm recommendations from several of her advisors. Which of the following recommendations is likely to create the most wealth f or Cantlivia? Multiple Choice er than Cantlivia Acquire more land by invading a nelghboring country that is even poorer and weak Use foreign aid from other nations to purchase more tools and machinery Establish a business environment that promotes and rewards entrepreneurship Establish barriers to trede to protect Cantlivia businesses from foreign competition

Explanation / Answer

Establish a business environment that promotes and rewards entrepreneurship is the recommendation which is likely to create the most wealth for Cantilivia. Because, by doing so more and more people would like to do business and with that, the circulation of money will happen which will eventually be beneficial for the citizens of Cantilivia.

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