CRUZ, KEANNA ANGELIKA T.

Mind Map
BSTM - 1
GENTREP - 1414

Entrepreneurship and

socio-economic development

Economic Growth Living Standards

and Distribution

This helps individuals

benefit from the success of Growth of the Community
entrepreneurs and Regional
developing firms by
leveraging public money. Development That Is
Economic growth does not
Balanced Purpose of economic
growth is to raise people's
always imply social living standards in a
Entrepreneurs invest their development. Entrepreneurs who establish new community.
own resources and attract enterprises and industrial units
money by forming a business contribute to economic growth
entity. by locating in less advanced and They accomplish this not only
Infrastructure is required isolated areas. by providing jobs, but also by
for community engagement. discovering and implementing
technologies that improve
people's quality of life.
Infrastructure upgrades
other public result from the expansion of
Shareholders Broader Public for school services industries and businesses in
these locations.
Lending workers community
Institutions healthcare stakeholders

reliable energy
improved roads consumers
training and water supply
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