Question

explain the effect of a lack of shortage of entrepreneurs on the economy​

Answer 1

Answer:

Productive entrepreneurs can invigorate the economy by creating jobs and new technologies, ... New business formation has a positive effect on employment in the short and long term

Answer 2

Explanation:

Lack of entrepreneurs will lead to lower jobs, innovative products and a decline in economy. By developing new technology, goods, and services, entrepreneurs help to fuel the economic growth. ... Thus, a shortage in entrepreneurs will not cater to these advantages and the economy will suffer.