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Q: Why is individual entrepreneurship less important in a command economy?
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Why is entrepreneurship important to a country economy?

it is importnt because it effects the job rate in this economy.


Why is it important for an economy like the UK to encourage enterprise and entrepreneurship?

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Does entrepreneurship improves the quality of life?

Yes. Entrepreneurship is one of the most important tools that drives the economy forward, hence improving the lifestyle.


Match the economic system with the players who are responsible for the important economic decisions.?

Command economy: Government planners. Free-market system: Costumers and producers. Mixed economy: Government officials and producers


Importance of entrepreneur?

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.


What is the most important effect that entrepreneurship has on the us economy?

Its because its huge for any economy and if more people were one the financial problem could be no more.


Why entrepreneurship is so important to your society?

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.


What is the role of entrepreneurship in the economy as a whole?

None


What is the importance of group entrepreneurship?

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.


What is the importance of entrepreneurship?

TO GENERATE GREAT EMPLOYMENT OPPURTUNITIES.


What economy is similar to command economy?

A command economy is the same as a socialst or communist economy.


What is the important of command 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.