ENTREPRENEURSHIP

Detailed explanation-1: -In the words of Nathaniel H Left, entrepreneurship is the capacity of innovation, investment, and expansion in new markets, products, and techniques.

Detailed explanation-2: -Entrepreneurship Accelerates Economic Growth By creating new products and services, they stimulate new employment, which ultimately results in the acceleration of economic development. So public policy that encourages and supports entrepreneurship should be considered important for economic growth.

Detailed explanation-3: -A lifestyle entrepreneur is one who builds a business that incorporates their interests and passions and sustains their life goals.

Detailed explanation-4: -Entrepreneurial ventures further contribute to the GDP, an indication of their importance in raising revenue and financing government projects, as well as contributing to economic growth. Infrastructural Development – Entrepreneurial ventures open up infrastructural development in their localities.