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An entrepreneur is someone who invents an idea using the country's resources and tries to start a business with the idea. They are important because they develop ideas and improve the country.

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βˆ™ 15y ago
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Q: What is a entrepreneur and why are they important to the economy?
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Importance of entrepreneur?

Entrepreneur is important as it serves as the key driver to a healthy economy. Entrepreneurship is the fuel for the growth of the economy and creating new products and services.


In what way are entrepreneurs and businesses at the helm of the economy but commanded by consumers?

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Which kind of economy would you have the most opportunity to try to achieve success if you are an entrepreneur?

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Entrepreneurs are vital in today's economy as they don't only inspire us with their innovative ideas, but they also help create new jobs as well - making them become the lifeblood that makes the economy run.


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the necessary things for a countries economy are the factors of production which is land , labour ,capital and entrepreneur.


Who is the individual who brings together economic resources and assumes the risk in a capitalist economy?

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One that invest his/her money where exploitation of workers its higher than the rest of the economy.


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