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  • 30th Mar'21
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Entrepreneurship has a large scale impact on economic conditions, business environment, and job generation in various countries. We can not deny the fact that entrepreneurs make a significant contribution to the country’s GDP and are often referred to as a national asset.

With the increase in population, it is very important to create jobs for people and entrepreneurs to help us with that. They tend to change the way we live and work and create perfect competition in the market which helps consumers get good services at a lower price.

What is Entrepreneurship?

Simply, entrepreneurship can be defined as the endeavor of creating, owning, and commercializing an idea, technology, product, or service, as well as assuming the risks and rewards associated with that enterprise.

Click on the following link to know more about entrepreneurship:

https://www.investopedia.com/terms/e/entrepreneur.asp(Text with Color Demo)

Sources/References:

*Note: The content published above was made in collaboration with our members.

About the author:

Rakshit saxena, Content Team

Professional Devloper,smart worker and always trying to learn new things


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