According to Hernando de Soto, which of the following factors is essential for the developing world to be able to reap the benefits of innovation and entrepreneurship?

According to Hernando de Soto, which of the following factors is essential for the developing world to be able to reap the benefits of innovation and entrepreneurship? 










A. Detailed state planning

B. Restricting direct investment by foreign enterprises

C. Strong property rights

D. Market regulation













Answer: C


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