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Role of Entrepreneurs in Economic Growth by R-jay Rivera is a document available to read on EtoBox.

1. Entrepreneurs play a pivotal role in economic growth by promoting capital formation, generating employment, and increasing standards of living. 2. They mobilize idle savings for investment, channeling funds into new business ventures. This capital formation has a multiplier effect that is essential for industrial and economic development. 3. Entrepreneurs also create jobs, both directly within their own businesses and indirectly by enabling the growth of other firms. Their initiatives reduce unemploy

Author
R-jay Rivera
Language
EN