discuss the importence of enterpeneurship
Answers
Answer:
Entrepreneurship is important as it has the ability to improve standards of living and create wealth, not only for the entrepreneurs, but also for related businesses. Entrepreneurs also help drive change with innovation, where new and improved products enable new markets to be developed
Answer:
Entrepreneurship is important as it has the ability to improve standards of living and create wealth, not only for the entrepreneurs, but also for related businesses.
Entrepreneurs also help drive change with innovation, where new and improved products enable new markets to be developed.
Economy wise, higher earnings thanks to entrepreneurship can help boost national income and tax revenue.
Entrepreneurs contribute in other ways as well, such as investing in community projects and supporting local charities.
Too much entrepreneurship (i..e, high self-employment) can be detrimental to economic development.
Explanation: