ENTREPRENEURSHIP

Detailed explanation-1: -entrepreneurship can lift up the economic status of an individual. this means that not only the life of the entrepreneur is improved but also the society where the business is located. which means doing things even before being told. he can retain good relations with other people.

Detailed explanation-2: -Benefits of Entrepreneurship They help raise the standard of living for everyone by creating jobs and making products safer, less expensive, and more functional.

Detailed explanation-3: -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-4: -Economic Development is the creation of wealth from which community benefits are realized. It is more than a jobs program, it’s an investment in growing your economy and enhancing the prosperity and quality of life for all residents.

Detailed explanation-5: -Entrepreneurship promotes economic growth, provides access to goods and services, and improves the overall standard of living. Many entrepreneurs also make a positive impact on their communities and improve their well-being by catering to underserved areas and developing environment-friendly products.