Question

Significance of entrepreneur in economic development

Answer 1

Hii frnd here is ur answer.

Entrepreneurship plays an influential role in the economic growth and standard of living of the country. As a startup founder or small business owner, you may think that you are simply working hard to build your own business and provide for yourself and your family. But you are actually doing a whole lot more for your local community, state, region, and the country as a whole.

Here are the top 7 important roles an entrepreneur plays in the economic development of a country.

1. Wealth Creation and Sharing:
2. Create job.
3. Balanced Regional Development:
4. GDP and Per Capita Income
5. Stander and living.
6. Export.
7. Community Development:

Hope it help u.

Answer 2

Answer:

Wealth Creation and Sharing: By establishing the business entity, entrepreneurs invest their …

Create Jobs: Entrepreneurs are by nature and definition job creators, as opposed to job …

Balanced Regional Development: Entrepreneurs setting up new businesses and industrial units …

GDP and Per Capita Income: India’s MSME sector, comprised of 36 million units