English, asked by andy245, 2 months ago

write a speech on A GOOD BUSINESS CONTRIBUTES NOT ONLY TO THE ECONOMY BUT ALSO TO THE ENVIRONMENT.
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Answered by maarnav8
2

Answer:

Entrepreneurship is important for a number of reasons, from promoting social change to driving innovation. Entrepreneurs are frequently thought of as national assets to be cultivated, motivated, and remunerated to the greatest possible extent. In fact, some of the most developed nations such as the United States are world leaders due to their forward-thinking innovation, research, and entrepreneurial individuals.

Great entrepreneurs have the ability to change the way we live and work, on local and national bases. If successful, their innovations may improve standards of living, and in addition to creating wealth with entrepreneurial ventures, they also create jobs and contribute to a growing economy. The importance of entrepreneurship is not to be understated.Entrepreneurship is important, as it has the ability to improve standards of living and create wealth, not only for the entrepreneurs but also for related businesses.

Entrepreneurs also help drive change with innovation, where new and improved products enable new markets to be developed.

Too much entrepreneurship (i.e., high self-employment) can be detrimental to economic development.

Entrepreneurs Spur Economic Growth

New products and services created by entrepreneurs can produce a cascading effect, where they stimulate related businesses or sectors that need to support the new venture, furthering economic development.

Explanation:

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