State any 2 ways by which Entrepreneurs affect the society they live i

1.	State any 2 ways by which Entrepreneurs affect the society they live in?
Answer» Any 2 of the following ways: Create Jobs With the growth of a business, entrepreneurs look for more people to help them. They buy more material, and from more people. They also hire more people to work for them. In this way, more people have jobs. Sharing of Wealth Wealth means having enough money to live a comfortable life. As entrepreneurs grow their business, the people working for them and in related businesses also grow. Hey have more money to live a better quality life. Lower Price of Products As more entrepreneurs sell the same product, the price of the product goes down.

State any 2 ways by which Entrepreneurs affect the society they live in?

Answer»

Any 2 of the following ways:

Create Jobs

With the growth of a business, entrepreneurs look for more people to help them. They buy more material, and from more people. They also hire more people to work for them. In this way, more people have jobs.

Sharing of Wealth

Wealth means having enough money to live a comfortable life. As entrepreneurs grow their business, the people working for them and in related businesses also grow. Hey have more money to live a better quality life.

Lower Price of Products

As more entrepreneurs sell the same product, the price of the product goes down.

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