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Wiki User
∙ 12y ago
Wiki User
∙ 13y agoEntrepreneurs 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.
Wiki User
∙ 10y agoEntrepreneurship 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.
Wiki User
∙ 9y agoEntrepreneurs 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.
Wiki User
∙ 12y agoThe major role of entrepreneurs in any economy with regards to its growth is being self employed and reducing unemployment.
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What is the role of entrepreneurship in a country's economy?
drug dealers are "entrepreneurs" , just think about that
Role of entrepreneurship in economic growth in the Philippines?
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.
The governments revised role in the 1930s to prime the pump to create jobs and spur economic growth is an example of what kind of economics?
Keynesian economics
What is contemporary 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.
How entrepreneurs help the people in the country?
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.
What is the role of entrepreneurship in a country's economy?
drug dealers are "entrepreneurs" , just think about that
Role of entrepreneurship in economic growth in the Philippines?
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.
The governments revised role in the 1930s to prime the pump to create jobs and spur economic growth is an example of what kind of economics?
Keynesian economics
What are the roles of deposit money banks on the economics growth of nigeria?
The role of deposit money bank in nation
What is contemporary 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.
What is the role of entrepreneurs in society?
NOTHIN
How entrepreneurs help the people in the country?
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.
What is the role of economics in the country?
in 2015 our population will increase because they are so many pregnant in that year...
What is the role of Managerial economics in the economy of Pakistan?
what is the role of managerial economics in Pakistan
Role of self help groups in women entrepreneurship development?
development of women entrepreneurs and rural entrepreneurs
What role does economics play in your personal and organizations decisions?
What role does economics play in your personal and organizations decisions?
What role do entrepreneurs play in producing goods and services?
Entrepreneurs are innovators. They come up with new ideas for products or services.
