Holicent
VIP Contributor
There are a few reasons that there are so many legitimate ways to make money in tier one countries compared to tier three countries. For example, tier one countries tend to have institutionalized methods for creating new businesses and for regulating business activities. In these countries, entrepreneurs can register their businesses with the government and gain access to information about how to establish a legal business entity. This makes it easier for them to gain access to capital and other resources that they need in order to be successful.
Additionally, businesses in tier one countries tend to be more regulated than those in tier three countries. This means that there is less opportunity for corruption or other illegal activities, which helps them maintain legitimacy. This also means that there may be more legal protections against predatory business practices such as price gouging and predatory lending practices, which may not exist (or are not as well-enforced) in tier three countries.
Also, on the part of infrastructure, Tier 1 nations have excellent infrastructure, which means that they can support companies that do business online or otherwise without which it would be nearly impossible to access a large enough number of customers to make a profit.
Additionally, businesses in tier one countries tend to be more regulated than those in tier three countries. This means that there is less opportunity for corruption or other illegal activities, which helps them maintain legitimacy. This also means that there may be more legal protections against predatory business practices such as price gouging and predatory lending practices, which may not exist (or are not as well-enforced) in tier three countries.
Also, on the part of infrastructure, Tier 1 nations have excellent infrastructure, which means that they can support companies that do business online or otherwise without which it would be nearly impossible to access a large enough number of customers to make a profit.