Which of the following is true regarding the role that entrepreneurship plays in the economic…
Entrepreneurship contributes to economic development by generating large-scale self-employment and wage-employment opportunities, promoting balanced regional development…
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Which of the following is true regarding the role that entrepreneurship plays in the economic development of an economy?
Answer and explanation
Correct answer D
Entrepreneurship contributes to economic development by generating large-scale self-employment and wage-employment opportunities, promoting balanced regional development through industries in backward areas, and expanding a country's export trade. Therefore, all of the given options are correct.
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RPSC Assistant Professor (College Education)