Title: Analyze the economic importance of entrepreneurship.
Course: Fashion Marketing, Advanced (12153-II) > Section: Exploring Entrepreneurship

Analysis of entrepreneurship's importance to the economy should include its benefits to local, state, and national interests.

Process/Skill Questions:

- How and why does government encourage and assist prospective entrepreneurs?
- How does the addition of the entrepreneurial element support economic development?
- How does fashion entrepreneurship compare to other fields of entrepreneurship in terms of contribution to the national, state, and local economy?
- Why are small businesses important to the economy?
- Why is it important for consumers to support local businesses?