Businesses foster economic development via modernization projects and entrepreneurial activity in emerging markets and developing economies. Such efforts are a form of corporate social
responsibility.

Question

Quizplus · Accepted Answer

Businesses can contribute to economic development by investing in modernization projects and supporting entrepreneurship in developing economies. These efforts are often considered a form of corporate social responsibility, as they benefit both the company and the local communities.

Businesses Foster Economic Development Via Modernization Projects and Entrepreneurial Activity