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How can entrepreneurship increase employment?

Answer and explanation

Correct answer: By creating new businesses and work opportunities

When entrepreneurs start and expand businesses, they may need employees, suppliers, transport workers, repair providers, marketers, and other services. This creates direct and indirect work opportunities. Employment growth is not caused by closing shops or merely increasing imports; it comes from productive economic activity and new demand for work.

Related tags

EntrepreneurshipEmploymentJob CreationIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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