How can entrepreneurship increase employment in society?
Answer and explanation
Correct answer: By creating new businesses and providing work
When an entrepreneur starts and expands a venture, the business may require employees, suppliers, distributors and service providers. These direct and indirect activities create opportunities for people to earn income. Option A correctly explains employment generation. Stopping work, reducing customers or wasting resources would not create sustainable jobs.
Frequently asked questions
What is the correct answer to this question?
By creating new businesses and providing work
Why is this the correct answer?
When an entrepreneur starts and expands a venture, the business may require employees, suppliers, distributors and service providers. These direct and indirect activities create opportunities for people to earn income. Option A correctly explains employment generation. Stopping work, reducing customers or wasting resources would not create sustainable jobs.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
