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In 1–3 sentences, explain the role of entrepreneurs in the economy.

Jessie Thompson

in Business

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Jennifer Patterson on July 27, 2018

ANSWER: There are many ways how entrepreneurs benefit the economy. Some of them are1) Create Jobs: Entrepreneurs create jobs in the community. When someone opens a new business or expand your new business, you will need human resources to help him to do his works.2) the Creation of Wealth: the Entrepreneurs of the pool in their own money and to attract the investment of the lenders, banks and other investors. This mobilizes the public wealth.3) Exports: the Entrepreneurs, after you grow your business to export their products as part of the expansion of its market. This will help to get the foreign currency in the country.


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