Economy, asked by shreyamathur5004, 1 year ago

Role of social entrepreneurship in economic development

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Answered by Abhishek75700
17
⬛⬛⛤Employment Development
The first major economic value that social entrepreneurship creates is the most obvious one because it is shared with entrepreneurs and businesses alike: job and employment creation. Estimates ranges from one to seven percent of people employed in the social entrepreneurship sector. Secondly, social enterprises provide employment opportunities and job training to segments of society at an employment disadvantage (long-term unemployed, disabled, homeless.
⛤⬛⬛Innovation / New Goods and Services
Social enterprises develop and apply innovation important to social and economic development and develop new goods and services.
⬛⬛⛤Equity Promotion
Social entrepreneurship fosters a more equitable society by addressing social issues and trying to achieve ongoing sustainable impact through their social mission rather than purely profit-maximization. ⬛⬛⬛⬛⬛⬛⬛⬛⬛⬛⬛⬛⬛☺☺☺☺☺☺⬛⛤⛤⛤⛤⛤⛤⛤⛤⛤
Answered by manishapatel8158
11

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