Chapter3 Flashcards

1
Q

what are 7 ways that businesses contribute to the economical and social well being of a nation

A

employment
economic growth
international trade
taxation revenue
infrastructure
R&D
social contribution

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2
Q

what are four ways that a culture of innovation and entrepreneurship be developed

A

investment in R&D
council grants
school-based educational programs
regional business start-up hubs

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