Business Studies, asked by narmitasing68, 22 days ago

Entrepreneurship is an essential tool for economic development . Discuss ?

Answers

Answered by ItzRainDoll

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.

Answered by spbankingandsscserie

Answer:

Entrepreneurship acts as a vital tool to revive the stagnant economy through innovations and entrepreneurial activities promote economic growth with the process of employment creation and improving the quality of life of its people .

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