In your own words, how does a capitalist society benefit an entrepreneur? Please consider these questions when answering. What are some of the major issues affecting the economy today? What are ways the government can foster entrepreneurship?
Capitalist society majorly benefits private sector and ease of doing business and incentivizes job creation
Consequently this benefits startups and entrepreneurs and boosts new scake development ideas to start benefits from government licensing and capitalism And hence huge uptick in Entrepreneurship and FDi investment is seen.
Major issues affecting economy are global and geopolitical risks, changing consumers patterns, government instability and financial degrowth of emerging nations.
Government can work together via various Multilateral and Plurilateral deals as well as easing economic and business policies with increasing incentives for newer startups and effective streamlined taxation rates to boost overall growth in Entrepreneurship.
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