Explain any two factors that contribute to creation of an environment conducive to entrepreneurship development.

The two factors that contribute to the creation of an environment conducive to entrepreneurship development are:

• Globalisation: Globalisation means interconnecting different countries of the world. It has caused shrinking of time, space and disappearance of borders. It offers growing global markets for both goods and services.
• Technology breakthrough: Increasing use of technology creates unlimited entrepreneurial opportunities to meet the global demand of goods and services.