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Apr 17, 2024

Entrepreneurship: Fostering Entrepreneurship in a Mixed Economy

Entrepreneurship is a critical component of a mixed economy. This is because it plays a fundamental role in job creation, innovation, and economic growth. In a mixed economy, the government and private sector work together to create and maintain a stable economy. The government provides the necessary infrastructure such as roads, schools, hospitals, and other public services, while the private sector creates jobs and generates revenue. The role of entrepreneurship in a mixed economy cannot be overemphasized because it is one of the key drivers of economic growth.

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