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Socio-Economic Benefits from Entrepreneurship

Updated on November 4, 2009

Socio-Economic Benefits from Entrepreneurship

The following are the benefits we get from entrepreneurship:

1.    Entrepreneurship creates employment.

The existence of business activities influences employment. Business estab­lishments need people to work for them.

2.    Entrepreneurship improves the quality of life.

People need to work in order to survive, attend to their needs, and satisfy their wants.

3.    Entrepreneurship contributes to a more equitable distribution of income.

With more entrepreneurial activities provided to the people in the country sides, natives have more work opportunities thus, discouraging them from reset­tling in other places.

4.   Entrepreneurship utilizes resources.

We may use our own natural resources, and process and convert them to more useful things.

5.   Entrepreneurship brings social benefits through the government.

The resources collected by the government are given back to the people in the form of services, infrastructure projects, school buildings, and maintenance of peace and order.

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    • profile image

      Rose 

      6 weeks ago

      Wow that's great!

    • profile image

      Nikkieeee 

      14 months ago

      thank you for this.. :)

    • profile image

      misteriousgirl 

      2 years ago

      Thanks.!!

    • profile image

      hasgfvedrf 

      2 years ago

      research about this!

    • profile image

      dhodz... 

      3 years ago

      tskkkk.

    • profile image

      Cyrielle Diagan Macampao Lagsila 

      3 years ago

      Wow!!!;;;;

    • profile image

      fddd 

      3 years ago

      fgfgfgf

    • profile image

      Magandame 

      3 years ago

      haahhahhah lol

    • profile image

      i8sau 

      3 years ago

      wewewewewewew.........

    • profile image

      rey togonon 

      4 years ago

      thank for the help!!

    • profile image

      the_one 

      4 years ago

      thanks for the info. ^_^

    • profile image

      kokiu 

      4 years ago

      kgglreiy

    • profile image

      iloveyou 

      4 years ago

      ano bayan. ge salamat para dito. nakatulong ng marame

    • profile image

      Prof 

      4 years ago

      gawin niyo na lang mga assignment, research niyo. daming niyong reklamo na antok na kayo, daming ginagawa samantalang may time pa kayo magcomment dito. paki explain. lab u.

    • profile image

      jaii 

      4 years ago

      #MAGANDA AKO!!!!

    • profile image

      e&e132 

      5 years ago

      tanx a lot :)

    • profile image

      TheManWhoCan'tBeMoved 

      5 years ago

      Access MagINGAY!

    • profile image

      jhei_el 

      5 years ago

      ok 'to mas mdali for my report... :)

    • profile image

      vincent alfonso 

      5 years ago

      ewan koh sa inyo mga wala namang kwenta mga sinasabi nyo mga stupid????????????????????????????????????????????????????????????

    • profile image

      jheson 

      5 years ago

      wow aztig grabe ....................................'_'

    • profile image

      tsholofelo motsamai 

      6 years ago

      dats fantastic thx

    • profile image

      ethel 

      6 years ago

      nakakalito nmn 2...............................................^_^

    • profile image

      leslie 

      6 years ago

      entrepreneurship has many contribution either economic and environment.

    • profile image

      ann ji _28 

      6 years ago

      Me too .. TLE namin to eh.. Boblaks

      maganda ko

      #julia montes look a like

      it"s me

    • profile image

      sean 

      6 years ago

      thanks a lot.........................................

    • profile image

      leajean mae 

      6 years ago

      thankz,,,,,

    • profile image

      alvianlegaspi@yahoo.com 

      6 years ago

      thankssssssss

    • profile image

      micca 

      6 years ago

      thankz a lot , , , ,

    • profile image

      sherylyn 

      6 years ago

      hai.............// slamat.........my internet .............at nk_gawa ako ng assignment....at nlman ko ang mga benefits ng entrepreneurship./............//

    • profile image

      har har 

      6 years ago

      hayy taktehh sakit na ng kamay ko kakasulat... dadagdag pa tong enrtepreneurship na to haixt.....!!!!!!!!!!nantuk na ako

    • profile image

      Ekups 

      6 years ago

      Tangina nyo

    • profile image

      neutral warrior 

      6 years ago

      thanks for the neutrality!!

    • profile image

      ken 

      6 years ago

      ....hahah?/?pakapakahan ....

    • profile image

      Rose 

      6 years ago

      ...ahahaha da best tlga basta about business heeheh

    • profile image

      gilyn 

      6 years ago

      gooooo!!!!!! future entrep.!!

    • profile image

      mEagan 

      6 years ago

      funnY!!! ENTREPRENEURSHIP is really amAzing....

    • profile image

      karissa 

      6 years ago

      bz aq..xd

    • profile image

      erwin selga 

      6 years ago

      salamat

    • profile image

      Juvithan C.Somido 

      6 years ago

      i lllaab it!!!!!!!

      _o28_

    • profile image

      Juvithan C.Somido 

      6 years ago

      i lllaab it!!!!!!!

      _o28_

    • profile image

      gladyspotpot. 

      6 years ago

      oui.. very useful. pandagdag homework. my magagaya na mga cmates ku. haha. :) bshrm. :p

    • profile image

      bing 

      6 years ago

      meh ganun

    • profile image

      Kenneth 

      6 years ago

      pogi aq noh

    • profile image

      KaiLa Cortez 

      6 years ago

      This site helps me to make my report! :D

    • profile image

      Jazzmhine 

      7 years ago

      weh maganda kayo cge nga patunayan nyu nga kung maganda talaga kau?

    • profile image

      yajxela 

      7 years ago

      guapo aj ko

    • profile image

      apple jean 

      7 years ago

      ang ganda ko

    • profile image

      kalaws 

      7 years ago

      kung wala to wala aqng homework.tnx! dagdag sa grades to! hehe.. (SPUQC BS HRM 4th)

    • profile image

      jr 

      7 years ago

      thank u talaga,at my assignment na ako......

    • profile image

      robert j. 

      7 years ago

      thank you talaga hehe laking tulong nito sa report ko:)

    • profile image

      alithea 

      7 years ago

      haaaa...magre report ako tngkol sa entrep....pro k lng...dli lng nmn eh....hahaha

    • profile image

      Donalene Talento 

      7 years ago

      hi! Entrep..! go. hahaha:D

    • profile image

      johnx2 

      7 years ago

      hiy!!!!!!

    • profile image

      Donalene Talento 

      7 years ago

      Wahahahaha.. Nonsense!

    • profile image

      joanna 

      7 years ago

      ENTREP STUDENTS ASTIG/./../.

    • profile image

      AAAAAAAAAAAAAAAAAAAAAA 

      7 years ago

      however, not ALL PEOPLE IN EVERY COUNTRY BENEFIT FROM IT. MAYBE ONLY POLITICIANS ETC...........

    • profile image

      Ms. Violet :)) 

      7 years ago

      hahaha!! ang cute ni Lincel..

    • profile image

      jason 

      7 years ago

      go entrep!

      HI DONA, LINCEL, MEAGAN, JESSA, AGGIE, JOANNA.

    • profile image

      joanna 

      7 years ago

      whew..thanks for the info..i love it!!!!!!!

    • profile image

      jason 

      7 years ago

      wehweh!@

    • profile image

      ayeye 

      7 years ago

      HAHAHHAHAHHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!

      Ganda mo! :)))))

    • profile image

      alithea 

      7 years ago

      hai nku...dming assignment...

    • profile image

      kimberly 

      7 years ago

      pam2x si ej

    • profile image

      ej bartilad 

      7 years ago

      weh!?!

    • profile image

      kimberly tobias 

      7 years ago

      di nga?

    • profile image

      pc dela cueva 

      7 years ago

      wehh?

    • profile image

      kimberly rose tobias 

      7 years ago

      malake nguso ko

    • profile image

      paul christian dela cueva 

      7 years ago

      maganda ako!

    • profile image

      kaori ogawa 

      7 years ago

      ambrocio

    • profile image

      zach nunes 

      7 years ago

      pogi aq

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