MIDTERM - Darryl Williams C. Leigh McInnis ENG 105-06 10...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Darryl Williams C. Leigh McInnis ENG 105-06 10 March 2010 Much Needed Entrepreneurship People say that “Money makes the world go round,” and although this is not technically true, this statement does hold some relevance. Money is not an easy commodity to come by as one wishes it to be. Money does not grow on trees, magically fall from the sky, or just appear out of nowhere. Money is earned through hard work, but it is not the only thing that comes from toiling. Some people work not only for the money, but to serve their community as well. Some people work their whole lives just to make sure that later generations will have a foundation to build their hopes and dreams upon. These people who work by taking advantage of certain conveniences in life are entrepreneurs. Entrepreneurs are the kind of people that chase opportunities and create lucrative situations from those opportunities. Society needs to cherish entrepreneurs, because they are responsible for creating jobs, new ideas, and being the leader who celebrate the entrpreneur spirit. The creation of new jobs, new ways to earn money, and the celebration of the entrepreneur spirit are all beneficial to society. Understanding how and why entreprenuers do these things will most definetely lead the economy in the right direction. Entrepreneurs are known for starting new businesses, which in turn open new occupational positions in the community. One of the most important benefits of having many new jobs on the market is the increase in consumer income. People who may be unemployed now have a better opportunity to become part of the working force. These same people, once their paychecks start arriving, are now capable of buying goods that they previously could not afford. The more goods consumers buy, the more money that is being circulated through the economy. The increased circulation of money in the economy equals an improvement in the economy itself. With the extra amount of money entering the household, people can now have a more comfortable lifestyle. They can now afford to live in better neighborhoods and send their children to better schools. Better schools mean a better education, which also correlates to the
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

MIDTERM - Darryl Williams C. Leigh McInnis ENG 105-06 10...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online