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How Society Helps Entrepreneurs Succeed

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But what made Bill Gates’s success possible? Biographical and business literature consider the individual, evaluating conditions such as mindset, personal network, background, and awareness of market characteristics.

Necessities that get treated as a guarantee include open and competitive markets, widely respected property rights, and a favorable legal system to businesses.Literature evaluating those considerations is more commonly found elsewhere in a library.

While the factors listed above can appear to be permanent fixtures, they’re recent phenomena in the historical context. They require consistent maintenance if they are to stick around for future generations.The free market system Americans currently take for granted emerged in Europe.

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