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How can entrepreneurship contribute to society?

Answer and explanation

Correct answer: By creating employment

Entrepreneurship involves identifying an opportunity, organising resources, taking calculated risks, and creating or managing an enterprise. When an enterprise starts or expands, it may need workers, suppliers, transport, services, and other support. In this way, entrepreneurship can generate employment directly and may also create related opportunities for other people in the community.

Option C is correct because creating employment is a recognised social and economic contribution of entrepreneurship. The other choices describe actions that restrict activity or hide resources, which do not represent the constructive role of an enterprise. The question asks how entrepreneurship can help society, so the employment-creation effect is the relevant answer.

Related tags

Home-ScienceEntrepreneurshipEmployment-Generation

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