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Proposition: "Entrepreneurship" is a meaningless phrase of no importance for economics. Support or attack this proposition

Proposition: "Entrepreneurship" is a meaningless phrase of no importance for economics. Support or attack this proposition

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Answer #1

Answer - This statement is wrong. The entrepreneurship keeps the very much importance in the world of economic. They take the new ways of starting the new business , running the busineses , help in the distribution of the goods to the consumer and start the businesses with innovations in order to earn the profits. Hence all these functions impact the economy directly and indirectly too. Hence it will be wrong to say that entrepreneurship is meaningless to economics.

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