benefits

of
r sh i p
e ne u
T R epr
EN

ENtrepreneurship
the activity of setting up a business
or businesses, taking on financial
risks in the hope of profit.
CREATE JOBS
The process by which the number of jobs in an
economy increases. Job creation often refers to
government policies intended to reduce
unemployment
anything which could be owned and controlled,
WEALTH CREATION AND SHARING

and have monitory value or have the potential

to create the monitory value.
COMMUNITY DEVELOPMENT
is a process where community members are
supported by agencies to identify and take collective
action on issues which are important to them.
EXPORTS
is a product or service that we sell
to a customer in another country.
STANDARD OF LIVING
the degree of wealth and material comfort
available to a person or community.

GDP measures only the production and services

GDP AND PER CAPITA INCCOME

within a country while Per capita income or average

income measures the average income earned per
person in a given area in a specified year.
the provision of aid and other
BALANCED REGIONAL DEVELPOMENT

assistance to regions which are less

economically developed.