Why do we need incentives for entrepreneurs?

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asked Mar 19, 2022 11.3k views

19 votes

Why do we need incentives for entrepreneurs?

Business
college

Singrium asked

by Singrium

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1 Answer

13 votes

motivates people to overcome all the hard work and start a news business

Gish answered Mar 23, 2022

by Gish

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Encourage consumption and discourage savings.give the government more control over what is produced and how it is produced.require companies to act in the social interest.provide incentives for entrepreneurs

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Profit motive and a sense of __________ act as powerful incentives for many entrepreneurs. A. power

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