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During a decline in the economy, a limited number of jobs will motivate a growing number of to start new businesses.

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Answer: Experienced but unemployed people

Explanation: In times of economic slowdown such as a recession, the rate of employment goes up. Many qualified workers seeking employment will not be hired. Experienced workers lose their jobs as a result of a decline in production.

The experienced worker who fails in securing new jobs ends up starting their businesses. These experienced workers already have knowledge on how to run a business, and would probably have some saving. With their qualification and experience, managing a new business is not very challenging for them.

The 2008 financial crises resulted in the establishment of many new startup businesses.

User Fruchtose
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4 votes

Answer:

Entrepreneurs

Step-by-step explanation:

i hope this helps ! <3

User Thomas Pons
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