Question

what is the role played by an entrepreneur in economic development​

Answer 1

Answer:

HEYA

Explanation:

Promotes capital formation

Increases employement in country

Promotes balanced regional development

Reduces economic concentration with one particular group

Improves per capita income

imported standard of living

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Answer 2

Answer:

Entrepreneurs promote capital formation by mobilizing the idle savings of our citizens. They employ resources for setting up their enterprises. Such types of entrepreneurial activities lead to value addition and creation of wealth, which is very essential for the industrial and economic development

Explanation: