One of the best benefits of entrepreneurship in the economy of the country is the eradication of poverty from society.
People are having more income sources and good living. It thoroughly distributes the products and services in all regions.
Entrepreneurship produces businesses and job opportunities directly. It offers services and products in those areas where they are not present before. The following are the benefits of entrepreneurship regarding poverty eradication.
Different business flourishes with the entrepreneurship which creates and generates employment for poor people.
It maximizes opportunities for poor people to make their life better by good packages and competitive opportunities in employment and business.
It provides attractive and multiple earning sources to individuals through its products and services.
Entrepreneurship proved to be a driver of poverty reduction and increased income sources in less developed areas. People from marginal areas can defeat poverty and be more productive to the economy and society.