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27 August, 11:56

Which of the following statements is FALSE? Multiple ChoiceThe presence of a few dominant companies in an industry makes it more difficult for entrepreneurs to start a business in that sector. Around the world, consumers are showing a robust appetite for the sharing-based economy. Most Americans use their mobile devices for getting directions or listening to music rather than making purchases. The United States was the most competitive economy in 2017.

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  1. 27 August, 12:58
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    The United States was the most competitive economy in 2017.

    Explanation:

    According to the World Economic Forum, during 2017, the US had the second most competitive economy in the world, Switzerland was number 1. The US did rise to the number 1 seat in 2018, but if fell again to the number 2 seat in 2019 when Singapore became the most competitive economy.
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