Read the following article.

UNCTAD Entrepreneurship Policy Framework

Complete an internet search and find additional reliable articles about public policy, entrepreneurship, and microenterprise. Some suggested keywords are "entrepreneurship policy framework," "youth economic opportunities," "microenterprise and encouraging entrepreneurship."

Then write 1-2 paragraphs in response to the following questions:

How does public policy impact entrepreneurs?
What are some specific examples of policies and programs that support new and existing small businesses?
What additional policy considerations can support the development of entrepreneurial skills among young people?

Respuesta :

Answer:

Reliable articles about public policy, entrepreneurship, and microenterprise is discussed below in details.

Explanation:

  • Policies That Influence Entrepreneurship. Four strategies that influence entrepreneurship are the tax system, supervision, start-up costs moreover access to capital businesses, and legal security and property rights. Each policy is considered through the eyepiece of economic investigation.
  • Loans and reward plans proposed immediately to business people are one way to use tax revenue to arouse business ventures.
  • Entrepreneurship is inspired by four different factors: economic growth, history, technological advancement, and education. In areas where these parts are present, you can anticipate seeing powerful and constant entrepreneurial extension.

Answer:

Below

Explanation:

Public policy can influence interest rates that correlate with entrepreneurs, a rise in which increases the cost of borrowing in the business community. Higher rates also lead to decreased consumer spending, while lower interest rates attract investment as businesses increase production. Some specific examples of policies and programs that support new and existing small businesses are: tax incentives, entrepreneur certification, grow jobs by growing exports, spending to create jobs, imposing "right to work" law, and small business tax incentives. Additional policy considerations that can support the development of entrepreneurial skills among young people are providing loans would help young entrepreneur to fast track their businesses.

Q&A Education