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Question : Case Study 11: Role of Government Schemes

A group of young entrepreneurs started a tech company with a vision to bridge the digital divide in rural areas. The government supported their initiative by providing financial assistance and incentives.

Question:

The government's role in assisting the tech company demonstrates:

Option 1: Entrepreneurship discouragement
    

Option 2: Entrepreneurship development
 

Option 3: Import restrictions

  

Option 4: Reduction in government expenditure


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: Entrepreneurship development
 


Solution : The correct answer is (b) Entrepreneurship development

By providing financial assistance and incentives to support the tech company's initiative in bridging the digital divide in rural areas, the government is actively contributing to entrepreneurship development. This support encourages and facilitates the growth of entrepreneurial ventures that address societal challenges and promote economic development.

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