Question

One of the economic rights that Americans enjoy is the right to become an entrepreneur. In a paragraph of not less than five sentences, tell why you think it is important for people to be free to open their own businesses. Why is it good for the entrepreneur? Why is it good for our nation as a whole?

Answer 1

Answer:

The following is a paragraph about some of the reasons to why it is important for people to be free to open their own businesses.

Explanation:

Entrepreneurship has positive effects not only for the people that practice it as their job and main financial income, but it also has positive effects for the nation that holds this businesses. For the entrepreneur itself, having a job that gives him/her autonomy, a flexible calendar based on the person's needs and priorities, and the freedom that it comes with being your own boss and choosing who to work with, are among the top positive aspects about entrepreneurship. Above this, a nation that has a lot of entrepreneurs has the potential of having different innovations in different industries that can be beneficial for the life standard of the citizens, new businesses also creates new job positions for people and can contribute to a growing economy.

Answer 2

There’s a whole mindset among Americans that you need to go out and get a job when here we are in an economy where we can make our own jobs. Entrepreneurship is good for our nation as a whole because it creates jobs for a local economy. So just think about this. If we eliminate the Corporate Tax, billions of entrepreneurs will decide to open their businesses here in the US. If eliminating the Corporate Tax doesn’t create tens of millions of jobs in this country, I don’t know what will.