To evaluate the impact made by entrepreneurs both
economically and socially, you have to see if the places where these people are
operating show any economic improvements such as increase in jobs and wages as
did they create an atmosphere that will encourage other businesses to invest in
the area. Socially, did their business improve
the lives of the people living there? Are
they now enjoying more benefits and have any of them left when the entrepreneurs
came? Did the entrepreneurs’ business
have any effect on their live? That is
how we need to evaluate their impact.
