Question

What is one of the primary reasons rural entrepreneurship is essential for economic development in India?

• A. It complicates supply chains
• B. It reduces urban migration by creating local jobs
• C. It increases dependency on city-based markets
• D. It limits access to traditional crafts

Answer 1

Answer:

B. It reduces urban migration by creating local jobs

Employment Generation: By creating job opportunities locally, rural entrepreneurship reduces unemployment and underemployment, particularly in agriculture-dependent regions, and helps curb migration to urban areas.