Ten Principles for Improved Business Climates (Legislative Principles Series, Number 8)
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The "business climate" of a nation, state, or city refers to the combined effect on businesses of public policies, natural endowments, and other assets that affect business start-ups and profitability. A good business climate encourages existing businesses to grow, people to start new businesses, and national and international businesses to invest in an area. A poor business climate does the opposite.
Joseph L. Bast
The Heartland Institute
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