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Question
Explain the importance of entrepreneurs.
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Solution
Instructions: Mention the importance of entrepreneurs.
Solution:
- Promote capital formation.
- Mobilise savings.
- Create employment.
- Reduce inequalities.
- Increase national income.
- Improve standard of living.
- Develop all sectors of the economy.
- Increase national exports.
Solution:
- Promote capital formation.
- Mobilise savings.
- Create employment.
- Reduce inequalities.
- Increase national income.
- Improve standard of living.
- Develop all sectors of the economy.
- Increase national exports.
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