Business Studies, asked by Sohom9540, 8 months ago

Discussion: The Role of Entrepreneurship Development in the Economic Growth of the Country. Read the box item and submit your response in the space given: 1. What is the reason for poverty in developing countries, despite their rich resource endowments? 2. If only natural resources were the key determinants of economic growth the entire African continent or Latin America or most part of Asia would have been developed.

Answers

Answered by jaspreetsingh2292004
0

Answer:

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Answered by bhanuprakashreddy23
0

Answer:

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Explanation:

Entrepreneurship is most often related to the creation of new businesses. However, entrepreneurship and entrepreneurial dynamics is as relevant to the creation of not-for-profit initiatives. It is about generating ideas, organizing and hands-on action that can have many different effects.

Entrepreneurship can mobilize people, resources and innovative practices and are fundamental to the ways we organize societies. In this course entrepreneurship is put in the context of developing countries. Both economical aspects of business based entrepreneurship, social aspects of civil society based entrepreneurship, and aspects of combining economical/social aims in a sustainable development are elaborated on in this course.

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