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The United States is often known for having a highly innovative economy. Often, innovation requires making risky decisions and taking chances to "create" a new market. This has resulted in the U.S. merging as one of the strongest economies in the world. one way to encourage this type of behavior in markets is through policies, such as bankruptcy laws. Identify and summarize at least 2 other characteristics of an economy that would increase innovation and economic growth by encouraging potentially risky behaviors.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92593228

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