There are many obstacles for citizens in the developing nations when they start a business.
1.Inability to access credit facilities. This limits the extend of business growth as it cannot expand for lack of funding.
2.The poor national economy has made many people languish in poverty due to unemployment. With unemployment, the purchasing power of the populations is very small, and no business can thrive in such an environment.
3. Poor road network makes transportation of goods and services rather difficult, so business is greatly hampered and disadvantaged.
4. Inflation is also a problem for such businesses as it contributes to stagnation and uncertainty of daily cash flow.
Socialization is the process in which people learn the language, norms, values, behaviors, etc. that society views as acceptable. It is important for humans because it helps teach us about our cultures society so that one day we can become efficient members. It also helps shape our personalities.
The given options are :
A) compliance with laws
B) advantages for producers
C) control of markets
D) advantages for government
E) control of externalities
The Correct Answers On Edgen Is
A & E
<h2><u>
A) Compliance with laws</u></h2><h2><u>
E) Control of externalities</u></h2>
Answer:
Groups use varied methods to try to achieve their aims including lobbying, media campaigns, publicity stunts, polls, research, and policy briefings.
