The document discusses the role of entrepreneurship and its importance. It contains sections written by different students on how entrepreneurship creates employment, helps wealth creation, adds to national income, and improves standard of living. Entrepreneurship is beneficial to both entrepreneurs and the overall economy. It enables new markets and wealth creation through new products and services. Increased employment and earnings from entrepreneurship contribute to higher national income through taxes and government spending.

1. WELCOME
NAME OF STUDENTS –
• Aayush Pawar
• Dnyanesh Varpe
• Prathmesh Deshpande
• Prasanna Kudale
• Soham Waykar
Topic – Role of entrepreneurship and It’s Importance .

2. Content
INTRODUCTION
CREATES
EMPLOYMENT
HELPS WEALTH
CREATION
IMPROVES STANDARD
OF LIVING
01 04
02 05
03 ADDS TO
NATIONAL INCOME
06 THE ROLE OF
GOVERNMENT

3. INTRODUCTION
01
By – Aayush P.

4. Who is an Entrepreneur ?
An Entrepreneur is a person who establishes a business or a venture that
generates some value to the customer and proves to be profitable for him .

5. WHAT IMPORTANT ROLE A ENTREPRENEUR PLAYS IN DEVELOPMENT OF A
COUNTRY’S ECONOMY?
ENTREPRENEUR is not only beneficial to the entrepreneur itself but it is also
essential for the growth of the economy .

6. HELPS IN WEALTH
CREATION
02
By - Prathmesh D.

7. ● New and improved products, services, or technology from entrepreneurs
enable new markets to be developed and new wealth to be created.
● Additionally, increased employment and higher earnings contribute to better
national income in the form of higher tax revenue and higher government
spending.

8. ADDS TO NATIONAL
INCOME
03
By – Dnyanesh V.

9. 1. Additionally, increased employment and higher earnings contribute to better
national income in the form of higher tax revenue and higher government
spending.
2. This revenue can be used by the government to invest in other struggling
sectors and human capital.
3. Although it may make a few existing players redundant, the government can
soften the blow by redirecting surplus wealth to retrain workers.

10. Creates employment
opportunities
04
By - Prasanna Chandrakant kudale

11. • Entrepreneur creates job opportunities through
sales
• Through value creation and hiring workers
• By building a successful company.
• Developing new product and services for the
market
• Promotes capital formation

12. IMPROVE STANDARD
OF LIVIVNG
05
By – Soham W.

13. • Through the right practices of research and development, entrepreneurs bring
new innovation that opens the door of new ventures, markets, products, and
technology.
• Entrepreneurs have a role to play in solving problems that existing products
and technology have not yet solved.

14. THE ROLE OF
GOVERNMENT
07
By- Prathmesh D.

17. Thanks