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adding both skilled and unskilled jobs. it also provides work for Accountants and lawyers it also pays local and federal taxes and so does there employees. small business can turn into big business and grow and add more people to work.
Wiki User
∙ 15y ago
Wiki User
∙ 13y agosmall business has a greater role in national economics because of many reasons out of which main is it contributes 70percent in country's GDP. which would laterly termed a s national economics
1. Providing Technical Innovation
2. Providing Employment
3. Providing Competition
4. Filling Needs of Society and Other Businesses
Wiki User
∙ 13y agothe business contribute to economic by sharing money with the governments so that the government could save the money for the needs of the citizens.
Wiki User
∙ 13y agoEconomic developments the development of economic wealth of countries or regions for the well being of their inhabitants. progressive changes in the socio-economic structure of a country ,
Wiki User
∙ 11y agoits increases the per capital income of the country
its increases production in the grass root
its leads to independent of the citizens
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How do business enterprises contribute to economic growth?
Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
Why is demographer important for business?
Demography is important as it presents population data in a systematic manner. It also aids in framing of economic programmes that contribute to economic development helping to keep pace with the rate of growth of a population.
How does taxation contribute to economic growth and development?
It doesn't. Rather, taxation removes capital from the private sector where all economic growth and development occur.
The economic policy of giving business total control of its development is called?
The economic policy of giving business total control of its development is called laissez-faire.
What economic goal can you suggest in private citizens?
to contribute to the growth and development of the country
How does businesscontribute to economic development?
Business contribute to economic development by paying taxes. Both employer and employees contribute to federal and state taxes. Small business companies also help with taxes and by providing more jobs for the economy.
How did the europeans contribute towards the development of Guyana?
business
How do business enterprises contribute to economic growth?
Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
Why is demographer important for business?
Demography is important as it presents population data in a systematic manner. It also aids in framing of economic programmes that contribute to economic development helping to keep pace with the rate of growth of a population.
How does taxation contribute to economic growth and development?
It doesn't. Rather, taxation removes capital from the private sector where all economic growth and development occur.
The economic policy of giving business total control of its development is called?
The economic policy of giving business total control of its development is called laissez-faire.
How river valley project contribute in economic development?
increase sexual contact
What economic goal can you suggest in private citizens?
to contribute to the growth and development of the country
How did the geography of the Virginia and Middle Colonies contribute to their economic development?
This is so difficult! I hate this!
How can different economic concepts and theories contribute to a better understanding of development process?
yes
How do enterprises contribute to economic growth?
Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
What effect does a country's economic development have on international business?
Economic development of a country ensures that the global economy becomes more stable. It also makes international business much easier and lucrative.
