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How does entrepreneurship impact society and the economy?

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Entrepreneurship drives economic growth by generating employment, fostering innovation and increasing national income. Societally, it solves everyday consumer problems, upgrades living standards, empowers underprivileged communities and encourages self-reliance through sustainable community development.

Cbse Class 9 Social Science Part 2 Solutions

Class 9 Social Science part 2 chapter 6 question answer

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  1. Entrepreneurship impacts society and the economy by transforming innovative ideas into commercial ventures. Economically, it mobilizes capital, creates direct and indirect jobs, increases productivity and contributes substantial tax revenues to national wealth. Societally, entrepreneurs develop affordable solutions to community problems, promote regional balance, raise overall living standards and inspire youth self-reliance, driving holistic social change and modern progress.

     

    For more NCERT Solutions of Class 9 Social Science Part 2 Chapter 6 From Ideas to Startups Question Answer (2026-27)

    https://www.tiwariacademy.com/ncert-solutions/class-9/social-science/part-2-chapter-6/

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