Government and its Policies for Entrepreneurs - Essay Example

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Government and its Policies for Entrepreneurs

The legislations made with respect to entrepreneurs and enterprises are complicated and cumbersome. Entrepreneurs find these legislations difficult to grasp without the help of proper legal help. They think that legislations should be made in a way that they are easy to understand and follow by everyone.
Also some critics of government believe that its policies have hurt the economy and market structures. By holding on to the status quo government has stifled entrepreneurial activities. People believe that government needs to do more to help them succeed in their enterprising efforts. "The American economy is dying, but not from natural causes. It is being strangled to death in a coordinated pincer attack. America's ability to survive, produce and prosper is being systematically destroyed by socialistic taxes and regulations that make U.S. production of virtually everything increasingly uneconomical. Simultaneously, the same legislators and government officials who are impeding American producers are opening the floodgates to cheap foreign goods that are not burdened with the same debilitating taxes, regulations and mandates" (Jasper, 2003).
Government should pass legislations to support a market economy in support of entrepreneurs in particular. ...Show more

Summary

Entrepreneurs in today's age of global economy are considered important force in a country's economy. During the 80s and 90s America saw phenomenal growth in the entrepreneurial sector. Government's role is crucial in the success of entrepreneurs. However, with the passage of time the entrepreneurial spirit of America seems to have died down…
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