When direct interventions are required for entrepreneurial development?

A.VERIFIED ANSWERfact-checked by tutors

Direct interventions are required when entrepreneurship is at the initial stage of development. Besides it, there is a thrust on employment generation and poverty reduction.

Suggested Q&A

GENERAL · CLASS 11

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Why an entrepreneur is referred as a change agent?
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Is the concept of entrepreneurship confined to big business enterprises and economic institutions only?
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Mention three qualities of an entrepreneur as stated by Peter Drucker.
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How Adam Smith defined an entrepreneur?
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Name the economist known for the various theories on the principles of economics.
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How entrepreneurship helps in harnessing youth vigour?