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What is the broadest contribution of entrepreneurship to an economy?

Answer and explanation

Correct answer: नवाचार, रोजगार, प्रतिस्पर्धा और मूल्य निर्माण को बढ़ावा देना

Entrepreneurship contributes to an economy through several connected effects. Entrepreneurs identify needs, create products or services, introduce new ideas, employ people, and compete with existing businesses. This can increase consumer choice, productivity, and the creation of economic value. Although an individual entrepreneur may earn income, that is only one possible outcome and not the broadest contribution. Options C and D describe harmful effects, so option B is correct.

Related tags

Economic-DevelopmentEmploymentInnovationIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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