3. What are the benefits of entereneurship to the society
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New and improved products, services or technology from entrepreneurs enable new markets to be developed and new wealth to be created. Additionally, increased employment and higher earnings contribute to better national income in the form of higher tax revenue and higher government spending.
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Entrepreneurship is creative and forward thinking. Although businesses run on money, entrepreneurs are often focused on a great deal more than their bottom line. They contribute to society by leading the way and by finding innovative solutions to practical, financial and social issues.
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