Business Studies, asked by melchizedek8814, 1 year ago

How entrepreneurship is a motivation for economic development for different sections of the society?

Answers

Answered by sachinarora2001
7
Entrepreneurship is the economic activity which bear all the risk of the business.

In this, there is a person who bear all the risk of the business called entrepreneur

He works in the business for getting initiatives. hence entrepreneurship also called initiative activity.

An entrepreneurship is the best motivation process for all the society members.. bcx development can easily possible by bearing risk by the entrepreneur.

An entrepreneurship also set their own business which autimatically develop the economy in various fields... and business easily earn the money and profits.

An entrepreneurship is good motivation skill as it develop economy and provides benefits of this to the society members..


THUS, entrepreneurship is better motivation development for society and economic development...


HOPE U LIKE IT.... :))
Answered by Anonymous
24

Explanation:

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What is the role of entrepreneurs in society? Economic role: entrepreneurs play an important direct and direct role in maintaining healthy economy. Paying taxes on time, helping employees maintain a standard of living, being a healthy part of the supply and demand chain of economics etc.

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