Question

Juan has many business ideas that could satisfy the unfulfilled needs of people who live in his community. However, there are laws that govern the type of businesses that private citizens can own and business taxes are high because the government subsidizes many social programs in his nation. In this case, challenges in the _________ environment increase the risk of Juan starting a business.

Answer 1

Answer:

Economic and Legal

Explanation:

with the high taxes, that is the economy. With the government, laws are given for entrepreneurs to abide by! :)

Answer 2

Answer:

economic and legal

Explanation:

The economic and legal environment refers to the different economic conditions and the laws of a country that have an effect in the operation of a business. According to this, the answer is that the challenges in the economic and legal environment increase the risk of Juan starting a business because of the laws and business taxes that are affecting his business are factors that are part of the economic and legal environment.