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it is importnt because it effects the job rate in this economy.
Yes. Entrepreneurship is one of the most important tools that drives the economy forward, hence improving the lifestyle.
Command economy: Government planners. Free-market system: Costumers and producers. Mixed economy: Government officials and producers
Its because its huge for any economy and if more people were one the financial problem could be no more.
Entrepreneurship is important beacause they organise, coordinate and manage all the other factors of production-land labour and capital, they take risk in aim of making a profit which is vital for a developing economy.
it is importnt because it effects the job rate in this economy.
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Yes. Entrepreneurship is one of the most important tools that drives the economy forward, hence improving the lifestyle.
Command economy: Government planners. Free-market system: Costumers and producers. Mixed economy: Government officials and producers
Entrepreneur is important as it serves as the key driver to a healthy economy. Entrepreneurship is the fuel for the growth of the economy and creating new products and services.
Its because its huge for any economy and if more people were one the financial problem could be no more.
Entrepreneurship is important beacause they organise, coordinate and manage all the other factors of production-land labour and capital, they take risk in aim of making a profit which is vital for a developing economy.
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The importance of group entrepreneurship is important because it provides the economy a solid boost based on the interests and entrepreneurial wishes or insights. Therefore, this makes the economy stronger, because it does not focus on a specific group, but on a set of different groups to pursue their dreams or aspirations.
TO GENERATE GREAT EMPLOYMENT OPPURTUNITIES.
A command economy is the same as a socialst or communist economy.
Command economy is when the government determines what will be sold, how much will be made, and the price the item will be sold for. Although this may limit the growth of the country it does provide stability.