Evaluate role of entrepreneur in economic growth of the country
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An entrepreneur is a person who brings all factors of production together and takes a calculated risk in order to make goods and services.
Economic growth is when the consumption, investment, net exports and government spending, increases in total. There are many factors which help to determine the growth rate.
Relative growth and absolute growth, both take place.
Entrepreneurs are investors, which may investment in the shares.
Entrepreneurs are the ones who may use their company and export goods, adding to the balance of payments of the country.
Entrepreneurs who are settled abroad add to the GDP of the country.
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