dynamic process of creating incremental wealth is called Entrepreneurship. so search on entrepreneurship :)
it helps peple with better jobs
use the factors of production to create something of value
One advantage to entrepreneurship is the fact that these people create jobs. With more entrepreneurs, individuals can support their families with the money they make.
create finance attract infrastracture create employment promote technology promote use of local resourse create skills and awareness
dynamic process of creating incremental wealth is called Entrepreneurship. so search on entrepreneurship :)
it helps peple with better jobs
Entrepreneurship is important because it has the ability to improve standards of living and create wealth, not only for the entrepreneurs, but also for related businesses. Entrepreneurs also help with innovation, where new and improved products enable new markets to be developed.
i need the answer
use the factors of production to create something of value
One advantage to entrepreneurship is the fact that these people create jobs. With more entrepreneurs, individuals can support their families with the money they make.
create finance attract infrastracture create employment promote technology promote use of local resourse create skills and awareness
Entrepreneurship creates new businesses and business platform. These new businesses create employment and new market in the business related world.
entrepreneurship helps create a balanced regional development. i.e growth of industries and businesses leads to a lot of public benefits in different areas.
Bill Byrne has written: 'Habit$ of wealth' -- subject(s): Corporate culture, Entrepreneurship, Leadership, Management
By generating profits.
Factors of Production 1. Land 2. Labor 3. Capital 4. Entrepreneurship 5. Knowledge