Question

5. A small entrepreneur has started a cottage industrial unit in rural area by availing government loans at concessional rates.he has engaged ten workers from the nearby locality who were part time workers in a big farmers field.he gives priority to local suppliers.he also sells the finished goods at concessional rates in the neighbourhood area.in few years he started a small express market in the area and gave an oppurtunity to local craftsmen to sell their craft.villagers from others villages come to the buy from the express market. a. Quoting the lines explain the role played by the entrepreneur in rural development. b. Explain the process involved in entrepreneurship

Answer 1

Answer:

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Answer 2

Answer:

A Small entrepreneur has started a cottage industrial unit in a rural area by availing government loans at concessional rates. He has engaged 10 workers from the nearby locality and gives priority to local suppliers for getting inputs for his unit. He also sells finished goods at concessional rates in the neighborhood area. Identify the roles played the entrepreneur for rural development.