Question

Explain the role of entrepreneur in economic development

Answer 1

They contribute to new products and services and develop new markets which grow an economy. ... The goal is to offer a better product or service at a lower cost. Worldwide entrepreneursalso contribute to a country's exports and improves the trade balance which is important in economic development.



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Answer 2

The entrepreneurs contribute to a country's exports & improves the trade balance which is important in the economic development....they tend to develop new markets which grows an economy....their main goal is to give better & best products & service at lower cost..