What is one reason why the government would provide financial assistance to an entrepreneur?

to decrease the high rate of failure of new businesses

to encourage the invention and development of products

to stimulate the economy while decreasing unemployment

to limit the amount of personal funds used to start the business

Question

Kaila Cooley

Business

11 January, 15:49

What is one reason why the government would provide financial assistance to an entrepreneur?

to decrease the high rate of failure of new businesses

to encourage the invention and development of products

to stimulate the economy while decreasing unemployment

to limit the amount of personal funds used to start the business

+3

Answers (1)

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Mylee Lee · Answer 1

The third item C. listed as "to stimulate the economy while decreasing unemployment" is really the best reason why a government level initiative would provide a private entrepreneur with assistance from the public purse. This is because it has the potential to encourage social change and eventually private growth in the economy as the resulting businesses develop.