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Two equally skilled individuals want to start businesses, but one has access to affordable credit and the other does not. Which conclusion best reflects a structural explanation of their different opportunities?

Answer and explanation

Correct answer: Differences in institutional access can shape opportunities even when individual skills are similar

Entrepreneurship depends not only on skills but also on access to finance, institutions and markets. Unequal access to affordable credit can create different opportunities for similarly capable individuals.

Related tags

Opportunity StructuresEntrepreneurshipCredit AccessInstitutional Inequality

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