Discuss five contributions that entrepreneurship has brought into the Kenyan economy
Answer:
-. Creating jobs for themselves and other people. Creating wealth and distributing income
- Utilizing locally available resources
- Dispersal and diversification of economic activities and mobilization of savings.
- Promotion of entrepreneurial culture i.e. they become models to be imitated by potential
entrepreneurs because of successful images already portrayed by existing entrepreneurs.
-Increasing regional business activities through the export of manufactured goods.
-. Promotion of indigenous/local technology e.g. use of jua kali technology.
- Raising the economic productivity level.