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Why is entrepreneurship important to the community and economy? ​

1 Answer

4 votes

Answer:

Step-by-step explanation:

New and improved products, services or technology from entrepreneurs enable new markets to be developed and new wealth to be created. Additionally, increased employment and higher earnings contribute to better national income in the form of higher tax revenue and higher government spending.Entrepreneurs boost economic growth by introducing innovative technologies, products, and services.

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User Miltonb
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