How do entrepreneurs cause economic expansion?

by introducing new products that encourage consumer spending

by using competition to drive down the prices of consumer goods

by replacing government-owned industries with consumer-friendly ones

by reducing exports through increasing the availability of locally produced goods

Question

Rowan Sullivan

Social Studies

24 July, 15:14

How do entrepreneurs cause economic expansion?

by introducing new products that encourage consumer spending

by using competition to drive down the prices of consumer goods

by replacing government-owned industries with consumer-friendly ones

by reducing exports through increasing the availability of locally produced goods

+3

Answers (1)

Know the Answer?

Lilliana Whitney · Answer 1

Right answers here are:

- by introducing new products that encourage consumer spending

- by using competition to drive down the prices of consumer goods

- by replacing government-owned industries with consumer-friendly ones