* Entrepreneurship creates employment.
The existence of business activities influences employment. Business establishments need people to work for them.
* Entrepreneurship improves the quality of life.
People need to work in order to survive, attend to their needs, and satisfy their wants.
* Entrepreneurship contributes to a more equitable distribution of income.
With more entrepreneurial activities provided to the people in the country sides, natives have more work opportunities thus, discouraging them from resettling in other places.
* Entrepreneurship utilizes resources.
We may use our own Natural Resources, and process and convert them to more useful things.
* Entrepreneurship brings social benefits through the government.
The resources collected by the government are given back to the people in the form of services, infrastructure projects, school buildings, and maintenance of peace and order.
Socioeconomics (also known as socio-economics or social economics) is the social science that studies how economic activity affects social processes. In general it analyzes how societies progress, stagnate, or regress because of their local or regional economy, or the global economy.Source:wikipedia
The official definition of the word socio-economic is "relating to or concerned with the interaction of social and economic factors."
From a sociological perspective, entrepreneurship is seen as a process that is influenced by social structures and cultural factors. Sociologists study how entrepreneurs are shaped by their social networks, access to resources, and opportunities within a given society. They also examine how entrepreneurship contributes to economic development and social change.
The abbreviation for sociology is "SOC."
A socio-fact is a type of social fact that refers to the shared beliefs, practices, and customs within a society that contribute to its social structure. It can include things like language, laws, religious beliefs, and cultural norms that help shape social interactions and relationships.
Simon C. Parker has written: 'The Economics of Self-Employment and Entrepreneurship' 'The Economics of Entrepreneurship (International Library of Entrepreneurship)' 'The economics of entrepreneurship'
Recess at lunch lang naman peyborit mong subject kaya wag mo ng gawin assignment mo
Kevin Mole has written: 'Perspectives in entrepreneurship' -- subject(s): BUSINESS & ECONOMICS / New Business Enterprises, BUSINESS & ECONOMICS / Entrepreneurship, BUSINESS & ECONOMICS / Organizational Development, Study and teaching, Entrepreneurship
what are the socio medical model benefits in society?
Red Bull The Gamebreaker - 2012 Socio-Economics of Football 1-3 was released on: USA: 13 September 2012
industrial art entrepreneurship home economics agricultural art
The definition of group entrepreneurship is a collaborative approach to enterprise creation. It can provide benefits to a community.
Alan D. Stafford has written: 'Economies in Transition' 'Consumer economics in action' 'Entrepreneurship in the U.S. economy' 'Introduction to economics' -- subject(s): Economics
a wide answer
all society are beneficial especially the consumers.
Entrepreneurship in economics refers to individuals starting and running businesses. Examples include creating a new product, service, or technology. These ventures contribute to economic growth by creating jobs, generating income, and driving innovation.
social benefits are social and private benefits are private.