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Is entrepreneurship critical to the social and economic well-being of our modern society in terms of poverty reduction?

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The creation of new business ideas and the development of existing businesses can impact poverty issues in a country, making them critical to social and economic well-being in our modern society. In an essay of 2500 words, critically discuss and debate the above statement. – Focus the discussion on South Africa. Give some examples of how local and international companies that do business in this country have reduced or increased poverty levels. Use theory from lectures and content from seminars to support your discussion and debate. Use personal experience examples, as well as other real-world examples where appropriate. 1. Is entrepreneurship critical to the social and economic well-being of our modern society in terms of poverty reduction? 2. What are the impacts (Both good and bad) of entrepreneurship and innovation on Poverty levels in South Africa?

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