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Entrepreneurs are important to the formal sector because they create jobs. They create positions both for professionals and for unskilled workers.

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What are the contributions of entrepreneurs to the society?

Entrepreneurs are job creators in the society. Also, they innovate new products that could make life easier for the consumer. They create new industries which is the key component for job creation.


What are the declines of the primary sector?

It has increased because the primary sector and secondary sector have decreased. They have decreased because machines have taken over the employees jobs, and so they find work in the tertiary sector. Also because more products are being made every day, and these need places to be sold. the primary sector has decreased rapidly through time, from 1980 to 2002 the employment rate for primary industries has decreased by over 65%. the secondary sector has decreased but first off it increased, and the tertiary sector anly came along way after all of this because most people used to grow their own food and stuff. oh and sharky


How do start up costs discourage entrepreneurs from entering a market?

When the start-up cost is high


Why has tertiary sectors increased?

It has increased because the primary sector and secondary sector have decreased. They have decreased because machines have taken over the employees jobs, and so they find work in the tertiary sector. Also because more products are being made every day, and these need places to be sold. the primary sector has decreased rapidly through time, from 1980 to 2002 the employment rate for primary industries has decreased by over 65%. the secondary sector has decreased but first off it increased, and the tertiary sector anly came along way after all of this because most people used to grow their own food and stuff. Katie,ashleigh and Nicole in buisness <3


Why is tertiary sector regularly growing in industrialized countries?

It has increased because the primary sector and secondary sector have decreased. They have decreased because machines have taken over the employees jobs, and so they find work in the tertiary sector. Also because more products are being made every day, and these need places to be sold. The primary sector has decreased rapidly through time, from 1980 to 2002 the employment rate for primary industries has decreased by over 65%. The secondary sector has decreased but first off it increased, and the tertiary sector only came along way after all of this because most people used to grow their own food and stuff.

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