Benefits of entrepreneurship to the developing economies
- Promotes job creation
- Promote production of a wide variety of goods
- Improves infrastructure of a country
- Promotes healthy competition hence production of high quality goods
- Enhances full exploitation of a country’s resource
- Promotes industrial development
- Provides consumer with variety of goods
- Promotes savings and investments
- Raises the living standards of citizens
- Reduction of rural urban migration
- It saves the country on importation of goods
- Leads to promotion of entrepreneurial culture
- Reduces foreign dominance of the economy
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So much important
Very interesting question and answers its really helpful
Thank
Interesting question am much helped in my revision