Do you agree that Entrepreneurship is important to the economy? why? Elaborate.
Answer; Entrepreneurship Accelerates Economic Growth, Entrepreneurs boost economic growth by introducing innovative technologies, products, and services. Increased competition from entrepreneurs challenges existing firms to become more competitive. Entrepreneurs provide new job opportunities in the short and long term.
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Explanation:
Question;
Do you agree that Entrepreneurship is important to the economy? why? Elaborate.
Answer; Entrepreneurship Accelerates Economic Growth, Entrepreneurs boost economic growth by introducing innovative technologies, products, and services. Increased competition from entrepreneurs challenges existing firms to become more competitive. Entrepreneurs provide new job opportunities in the short and long term.