Question

1. how does the work of an entrepreneur affect the state economy

i need 1 paragraph for both, please
2. How is the state economy connected to the national economy

Answer 1

It effects it by getting money paying taxes to state and state gives to national

Answer 2

1 . Entrepreneurial activities may influence a country's economic performance by bringing new products, methods, and production processes to the market and by boosting productivity and competition more broadly.
2. It controls over production, distribution, consumption of commodities and to perform this the government has to devise physical controls and monetary and fiscal measures and these measures are essential for reducing economic and social inequalities that are prevailing in under-developed countries.