How investors and entrepreneurs shape the economy

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minerhubFull Member
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#1Jun 2, 2023, 08:30 AM
It's pretty obvious that the economy of any country really depends on these folks. Investors and entrepreneurs are key players in driving economic growth. They pump money into the economy, come up with fresh ideas, and seize every chance to grow their investments and boost productivity. Their main goal is to make a profit, which leads to more jobs and overall productivity. What do you guys think about this?
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gasio328Full Member
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#2Jun 2, 2023, 09:54 AM
When an investor invests with an entrepreneur, they build a business. And sometimes that business may fail, and in that case it's a short term thing and not really that great for economy. But, if they do succeed and build a good business, then it is going to be great for the economy, because it creates jobs, and that means many people earn a salary and they end up being a lot better. That is why we need both of those, both investors and entrepreneurs, for them to create jobs. However, there are tricky parts of it as well, because if they decide not to pay fair wages, then suddenly you have salary slaves who can't afford anything. And because the world doesn't need many workers right now, and we have many unemployed, that means everyone gets low wages.
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#3Jun 2, 2023, 02:44 PM
Job opportunities is the major thing that will add value to a country economy and improve the lifestyle on the citizens because majority of people wey ll be working and when you're working, there will be less crime in the society. This is why entrepreneurs and investors are very important to the growth of any country economy. Government cannot provide all the jobs in the world. Some private companies pay better than the government.
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the_foxMember
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#4Jun 4, 2023, 05:16 AM
The economy of every nation primarily lies in the hands of the government. If the government aren't doing their job then even the entrepreneurs will find it very difficult to survive. Entrepreneurs, investors and resources are very important for any countries growth but with a bad government the best entrepreneurs, investors and human or natural resources usually go out of the country and this is why many talented and gifted nation are still behind economically.
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titanz416Member
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#5Jun 4, 2023, 08:52 AM
It's good, if the country/people complain they should be the one who create the business, why they weren't making any initiative in the past? Investors and entrepreneurs are important, most people are poor due to corruption by their own government. "Fair" could be wide definition. Most people think, fair wages must be minimum wages, however if you demand higher wages because you think you have a high skill, people would mock you for not being grateful. I'm sure companies do pay minimum wages, unfortunately the minimum wages is still low, so it's like living from paycheck to paycheck.
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minerpro328Senior Member
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#6Jun 4, 2023, 09:46 AM
It is evident that the government alone cannot provide enough jobs to keep the masses engaged and earning a livelihood and that is why the private sector is very important in the economy of a country since they establish businesses and create job opportunities for more citizens in the private sector and the private sector is made up of entrepreneurs and investors, so the nations cannot do without them and their contributions to nation building id beyond just providing employment, they also serve as a source of revenue to the government thereby doubling their importance to the economy of a country.
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just_hawkNewbie
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#7Jun 6, 2023, 06:46 AM
Investors and entrepreneurs are very important people and entities that builds every economy, they drive the economy and makes it possible for wealth distribution to reach more people in a country. But most importantly the government has to have an enabling environment for investors and entrepreneurs to prosper, if a government has good infrastructures that will motivate investors to come into their country and entrepreneurs to grow all of them will prosper. Some government policies doesn't attract businesses in their country, maybe through high taxes and lack of basic amenities like good road and electricity.
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#8Jun 7, 2023, 12:10 AM
Investors and entrepreneurs do play a huge role in developing the economy, but before that, manpower or laborers have an equal role in this development.  Before investors and entrepreneurs start investing, they have to see if there is enough manpower, skilled labor to power their projects. It would be a disaster for them if they invest a huge amount of money in one of these that is lacking.  I highly agree, government can make or break a nation.  If the government implements a regulation favorable to investors, businessmen, and entrepreneurs, it will attract them to set up an investment in the country.
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ledger_bitFull Member
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#9Jun 7, 2023, 06:27 AM
Did you know the people who contribute to the economy of most countries the most are the small and medium scale entrepreneurs yet they are the ones who are mostly underestimated by the government of many underdeveloped countries which also ends up causing the ripple effects of rise in the poverty rate, youth restiveness, increased unemployment among the young people and other factors you can mention yourself. I agree the top entrepreneurs do contribute, but these SMEs which are often looked down upon are actually contribute the bigger portion to the economy because the big guys still find their ways to evade their taxes through their connections.
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#10Jun 7, 2023, 12:39 PM
The answer to this questions is one. Investors are very vital to the economy of the nation. Some governments go as far as organizing trade-fairs so as to attract both foreign and local investors to their country to boost their economy. In some other cases the government has trade free zones which is another method to attract investors. These and many more are intensive for investors to invest in an economy. Other ways that the government utilize to woo investors are through giving out loans with low Interest rate . These are some of the strategies I know that can boost the economy.
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#11Jun 7, 2023, 01:02 PM
For a country to succeed, there needs to be job creation by the government, corporation and Sole Proprietors (usually from production to consumers ). According to my research, it says there are over 237 million people living in my country, which i believe we are very more than that number. In a country with such population, it is impossible for government to provide jobs to this large number of people. If investors decides to set up a new business, there will be need for labor in different sectors, this alone has taken few people out of unemployment at the end of the day, they receive payments and goes back to patronize sole business owners, this flow of money is what helps build a strong economy.
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mr_nonceFull Member
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#12Jun 7, 2023, 07:06 PM
In fact, it's a very wise thing for investors and entrepreneurs to do, as long as they don't cheat in building the economy, because large profits can always change a person's true nature. And every investor seeking profit from their investments will not choose any country carelessly, as not all countries have the same level of prosperity in certain areas. Therefore, entrepreneurs and investors will also screen which countries are worthy of their investment, because their goal is to seek profit for themselves, not to do charity and make others rich.
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dr_deltaNewbie
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#13Jun 7, 2023, 08:16 PM
In the case of investors, when investor is mentioned in a country you expect employment to happen for the locals, you expect skill transfer to happen and probably forex comes in depending on how the financing has been agreed upon..then role played by entrepreneurs is that these contribute today's job creation,  attribute towards a country's(government) revenue contribution either VAT or withholding tax etcetera and also depending on the financial muscle of an entrepreneur they can help beautify a city which means more football traffic into these shops or malls and there by increasing or encouraging spending and economy will for sure grow.
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#14Jun 8, 2023, 12:59 AM
Entrepreneurs create products that drives the economy. When they make a product, there’s exchanges of money and goods and their products also inspire others to make a better product. These products then circulates and it’s good for the economy like this. So, yes they are a very important part of economy.
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wolfoneNewbie
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#15Jun 8, 2023, 02:13 AM
To me what would basically build economy is building industries and factories where to produce a most needed products, or better still nation our countries could focus on the areas where human are lacking behind and make product of that to sell to the world, as they do that they have also created employment opportunities for her countries where they would also employs more worker, in fact when the export rate is higher than import rate then such economy is likely to grow above expected and this is what we can building an economy. Those those countries that their import rate is high they don't make progress and they still ends up borrowing money from their nearest countries, while those whom their export rate is also have a better advantage over the other people.
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bitioNewbie
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#16Jun 10, 2023, 08:50 AM
I live in a developing nation and I can see how our leaders are always looking for ways to get investors to come and invest in the country to boost economy. They also prioritize entrepreneurs by empowering them with grants to help boost their businesses. They do all this to help boost the economy of the country. When you have this two sets of people in a country, the speedy growth in economy of the nation cannot be overstated. Labour and productivity are the results of nurturing the investors and entrepreneurs in a country. For every nation’s economy to keep progressing, they have to invest in these set of people thereby taking advantage of the ever unending productivity gains from them.
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deltahqMember
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#17Jun 10, 2023, 11:21 AM
I think I have to agree with you, and disagree partially with what the OP said, because I don't think the economy of a nation lies in the hand of investors and entrepreneurs of a nation, rather the economy of nation lies in the hands of the government. Let take my country for example, in country we have a lot businesses owned by great investors yet the economy of my country is still lagging behind. It is only when the government of my will decide to make some adjustments to the economy of my country that the economy of my country will look some how manageable to will the citizens.
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#18Jun 12, 2023, 03:14 AM
To every growing economy investors and entrepreneur are not the only one increasing labour And productivity. The major factor people needs  to consider are the producers, every economy needs food to survive and the production of this food are farmers and producers of some certain goods or products that certisfys human needs that could be useful to the society. After producers we can now talk about investor and entrepreneur because without production there is no entrepreneur. all play a good role that's why in the chain of distribution we have the producer , wholesalers, retailer and consumers. There must be a producer down to consumers for the chain to be complete.
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#19Jun 12, 2023, 06:26 AM
I can't agree more with you. Until the production of everything is enough in the economy, the economy will grow and if it even exceeds the demand, it can be sold to other countries as exports. If the entrepreneurs and investors won't invest or start new businesses in their country,, then that's a big loss to their country because the labor and employment would have been generated there. More jobs are better. I don't think in this world there is a single country that have a lot of jobs and no one to do it. (paying jobs). The economy builds when money flows within and doesn't go outside, the money then rotates from different fields and the the economy grows ultimately.
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#20Jun 12, 2023, 07:19 AM
Businesses needed investors, because those are the ones that are in support for the smoot operational running of their enterprise without a financial obligation, also, we have to see other aspects that talks more about building an economy also, which am going to emphasis more about productivity, which this is a crucial aspect a country or business have to consider well established in other to improve on their GDP, because it helps in both import and exports, while under the production aspect also, we need the same investors under government and private sectors to all join in support for the development of the economy.
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