No, not necessarily. Business decisions are one of the many factors in creating legacy code,but they are by no means the single cause. A bigger factor is developers mismanaging a project to the point they became a unmaintainable mess. I personally went through a couple of projects which were legacy code the minute they hit production. One of them was even a proof of concept that a principal engineer, one of those infamous 10x types, decided to push as-is to production and leave two teams of engineers to sort out the mess left in his wake.
I recommend reading "Working Effectively with Legacy Code" by Michael Feathers. It will certainly be eye-opening to some, as it dispels the myth that legacy code is a function of age.