Image: Tshirt Ideas courtesy Qtees Australia
Which elements are important for Economic Development of a country including Australia?
There are 4 critical elements:
Entrepreneurship is key in terms of creating job opportunities.
So who really are Entrepreneurs?
Entrepreneurs are innovators. They have good observations specially the buying trends of people and the products/services they are looking for.
The entrepreneurs look for gaps in the market and try to innovate and build a company.
As these innovative companies grow they hire people and create jobs.