Not-for-profit organizations do not play a significant role in economic development.

Question

Quizplus · Accepted Answer

Not-for-profit organizations can play a significant role in economic development through their charitable and community-based activities. They can provide services and resources to underserved populations, facilitate philanthropic investments, and promote social and environmental sustainability. Moreover, they can partner with government agencies, private businesses, and other stakeholders to address systemic challenges, such as poverty, education, healthcare, and urban revitalization. Therefore, not-for-profit organizations are essential actors in fostering inclusive and equitable economic growth.

Not-For-Profit Organizations Do Not Play a Significant Role in Economic