Question

Role of socio-economic environment in entrepreneurship development

Answer 1

Entrepreneurs setting up new businesses and industrial units help with regional development by locating in less developed and backward areas. The growth of industries and business in these areas leads to infrastructure improvements like better roads and rail links, airports, stable electricity and water supply, schools, hospitals, shopping malls and other public and private services that would not otherwise be available.

Answer 2

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here is your answer
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Entrepreneurship is influenced by four distinct factors: economic ... The main components of social environment .Entrepreneurship plays an influential role in the economic growth and standard of living of the country. As a startup founder or small business