Support for Entrepreneurs
As explained earlier, entrepreneurs play a very important role in economic development. They are the ones
who create goods, services and jobs. Considering our poor economy, there is clearly a great need for more and more entrepreneurs in our country. Prices of goods are high because their supply is scarce. Hobs are few because economics activities are also few. In Japan and other industrial countries, they experience labor shortages due to so much activities in agriculture, trade and industry. They use machines and import labor from poor countries with labor surpluses.
With proper and adequate assistance pograms, our government can develop a larger entrepreneurial economy. Priorities should be focused on micro and small entreprises. Such as mass and community based projects utilize local labor, material, management and technology. Hence the poor masses are benefitted.