ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Create new businesses and raise taxes
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To make people happy
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To take down big box stores
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Create social change and community development
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Detailed explanation-1: -Non-profit social entrepreneurs allow for profit to take the backseat and social well-being to dictate business decisions. The profit of these businesses is reinvested into the organization to grow and expand services.
Detailed explanation-2: -Communities reap the benefit of entrepreneurship because businesses help to foster innovation, promote economic development, and create jobs. A successful company is likely to expand, which generates taxes, jobs, and other benefits for the area.
Detailed explanation-3: -They create economic value: By creating jobs, producing income, and nurturing an entire network of business partners-suppliers, shipping companies, lenders, and utility companies-social entrepreneurs contribute to the economic renewal of the region or country where they live and operate.