Answer:
Entrepreneurship can be simply described as the process of taking risks and providing solutions to the problems of people and society. the Entrepreneur may do this commercially for profit or for social benefit.
Step-by-step explanation:
Entrepreneurship leads to the development of many organizations and effective utilization of resources. these resources include labour, land, propery and capital.
this will benefit the economy through,
-Creation of new jobs
-Expanding economic activities
-developing new technologies and innovative solutions
-promoting healthy competition among entrepreneurs
-government receiving more revenue through taxes from businesses