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3 years ago

2. Give three (3)importance ofEntrepreneurship tothe economy.

Business

1 answer:

Firlakuza [10]3 years ago

4 0

Answer:

See below

Explanation:

1. Entrepreneurs Add to National Income

Entrepreneurship creates new businesses that focus on making profits. These ventures employ people who earn directly or indirectly from them. The new incomes add to a country's GDP. Consequently, the government collects higher revenues through taxation, which it uses for national development.

2. Entrepreneurs Create Social Change

Though innovations and creativity, entrepreneurs introduce new products and services and easier ways of doing things that improve life's quality. For example, the advancement of internet technology has created many job opportunities while still making it possible for others to work and earn a living remotely.

3. Community Development

Through Corporate social responsibility programs, entrepreneurs play a significant role in community development. Corporates globally have funded projects that provide communities with essential services: water projects, schools, hospitals, and clean environments that have been financed by entrepreneurs.

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3 years ago

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Answer:

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Abby has a weekly budget of $75 to spend on fruit and vegetables. She decides to buy 2 pounds of organic fruit at a cost of $7.5

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Answer:

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3 years ago

2. Give three (3)importance ofEntrepreneurship tothe economy.​

2. Give three (3)importance ofEntrepreneurship tothe economy.