Question
What is a good response to the information below ? Opinion on it... Entrepreneurship has been the foundation of a successful capitalist economy. Free markets
What is a good response to the information below ? Opinion on it...
Entrepreneurship has been the foundation of a successful capitalist economy. Free markets that have realized the importance of entrepreneurship have witnessed rapid economic growth. The industrial revolutions have contributed to the rise of entrepreneurship, which in turn has given us a boost. The prime benefit of entrepreneurship is the creation of jobs and the eradication of poverty. Entrepreneurship is a mode of employment, and with an increase in the number of companies, there will be an increase in the number of jobs, thus fostering economic growth.
The primary motivation for being an entrepreneur is control. Most entrepreneurs feel like they cannot work for somebody else, and they have a problem with the old methods. Their purpose is to gain control of their own life. In addition to this, entrepreneurs are innovative and wish to bring about some change in society. Entrepreneurship is like writing a book in this aspect. They come up with an idea, and they start working on it. If they are successful, they end up having written an entire book, or in this case, building an entire company.
Personally, Jeff Bezos is an entrepreneur to be reckoned with. He is one entrepreneur who has self-made Amazon and other companies that amazed me when reading about him.Amazon is $280.5 billion in revenues and his net profit recorded at$11.5. Bezos also owns The Washington Post and Blue Origin, an aerosphere company that develops rockets for commercial use
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