ENTREPRENEURSHIP

Detailed explanation-1: -Entrepreneurship offers minimal contributions to job-creation problems Of the community.

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: -Entrepreneurs are important because they are the ones to execute the duties after creating goods and services. They are the ones who sell these goods and services to make profit. Without entrepreneurs, goods would not be distributed to people. Entrepreneur also contributes towards the development of national economy.

Detailed explanation-4: -Entrepreneurs provide a large number of employment opportunities to the people to manage their business activities. They generate direct as well as indirect employment to the unemployed persons by setting up more and more units of production at small-and large-scale levels.