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Entrepreneurs are a part of the back bone that make's up an economy, they bring out new idea's such as the cell phone, the assembly line, or Coca Cola. People want the product's and money changes hands this is how economic growth happen's the more times ideas that are wanted come forth the stronger the economy. Growth is when more and more ideas as well as previous ideas continue to be needed.
Entrepreneurship contributes to the development of a country by helping to improve the quality of life. It also helps to improve the standards of living that one sets for them selves.
Entrepreneurs will start up businesses which will then hire new employees and help the job market. They will also put money back into the economy, helping it to grow.
The major role of entrepreneurs in any economy with regards to its growth is being self employed and reducing unemployment.
drug dealers are "entrepreneurs" , just think about that
The contribution of entrepreneurship in the Philippines economy is impressive. There is a high demand for entrepreneurs in the Philippines. There were over 830,000 entrepreneurs in the Philippines in 2011.
Keynesian economics
Contemporary economics focuses on the role of demand, money supply and growth as well as free trade. Open markets are also considered important by contemporary economists.
In a developing country, the role and importance of Small entrepreneurs is very significant towards poverty eradication, employment generation, rural development and creating regional balance in promotion and growth of various development activities. It is estimated that this sector has been contributing about 40% of the gross value of output produced in the manufacturing sector and the generation of employment by the small-scale sector is more than five times to that of the large-scale sector. This clearly shows the importance of Small entrepreneurs in the economic development of the country. Thus small-scale industry playing an important role in the growth process of Indian economy since independence in spite of stiff competition from the large sector and not very encouraging support from the government.
drug dealers are "entrepreneurs" , just think about that
The contribution of entrepreneurship in the Philippines economy is impressive. There is a high demand for entrepreneurs in the Philippines. There were over 830,000 entrepreneurs in the Philippines in 2011.
Keynesian economics
The role of deposit money bank in nation
Contemporary economics focuses on the role of demand, money supply and growth as well as free trade. Open markets are also considered important by contemporary economists.
NOTHIN
In a developing country, the role and importance of Small entrepreneurs is very significant towards poverty eradication, employment generation, rural development and creating regional balance in promotion and growth of various development activities. It is estimated that this sector has been contributing about 40% of the gross value of output produced in the manufacturing sector and the generation of employment by the small-scale sector is more than five times to that of the large-scale sector. This clearly shows the importance of Small entrepreneurs in the economic development of the country. Thus small-scale industry playing an important role in the growth process of Indian economy since independence in spite of stiff competition from the large sector and not very encouraging support from the government.
in 2015 our population will increase because they are so many pregnant in that year...
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What role does economics play in your personal and organizations decisions?
Entrepreneurs are innovators. They come up with new ideas for products or services.