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outline four ways in which peace within  a country may encourage entrepreneurial development

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  • Entrepreneurs are assured of the safety of their investment hence encouraged to invest.
  • Funds are availed for investment instead of being spent on provision of security.
  • There is free movement of factors of production which motivates trade.
  • There is free interaction between people which encourage sharing of business ideas.
  • Reduced cost of insurance due to lower risks.
  • Increased markets since even foreigners feel free to trade with the locals.
  • Stable complementary institutions like banks and warehouses which encourage business.
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