Julia Carle, Chapter 4, Question #6

In chapter four of Naked Economics by Charles Wheelan, one passage that particularly stood out to me was the passage about the "helping hand" versus the "grabbing hand" idea. And it also talked about how it's so much harder for entrepreneurs in poorer countries to start up a business and get profit. Entrepreneurs in poorer countries have to pay like twice what their salary would be just to a business license. Another thing that struck me was the fact that in Canada, if you wanted to start up your own business, you'd have to go through only two procedures, but in Bolivia you have to go through twenty procedures to open for business. I didn't know about all of these procedures you'd have to go through in other countries, and it's quite interesting to me and really makes me question why you have to go through twenty procedures just to get your business license in Bolivia. It's interesting learning about the way other countries economic systems work and what you have to do in order to open a business.