An entrepreneur plays an important role in the economic development of a country.

Question

State with reasons whether you agree or disagree with the following statements:

An entrepreneur plays an important role in the economic development of a country.

Answer 1

Yes, I agree with the statement. 

• In the history of developed countries, it has been shown that entrepreneurs have played a very important role in economic development. Hence quality entrepreneurship is a crucial indicator of economic development. 
• Economic development requires a class of talented entrepreneurs because they are the ones who keep the wheels of the economy moving. 
• An entrepreneur is a person who has the ability to recognize business opportunities. 
• He is a person with some special qualities such as the ability to innovate, do hard work, have the vision, risktaking capacity, social responsibility, positive thinking, etc.