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How does the business contribute to the economic development of a society? 

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Business plays a crucial role in the economic development of a society by contributing to various aspects of sustainable growth. Entrepreneurs drive economic and institutional development, creating wealth, fostering innovation, and building communities . Corporate social responsibility (CSR) and social entrepreneurship are avenues through which businesses can address social problems, promote positive change, and support economic growth . By embracing concepts like Creating Shared Value (CSV), companies can make sustainable contributions to society's well-being while maximizing profits . The involvement of businesses in societal development brings benefits such as capital infusion, technology transfer, job creation, poverty reduction, and innovation, ultimately enhancing the overall economic landscape of the region . In essence, businesses act as key drivers of economic progress by fostering entrepreneurship, social responsibility, and sustainable practices.

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Businesses contribute to economic development by implementing Creating Shared Value (CSV) strategies, focusing on solving social issues through core operations, thus creating social and economic value sustainably.
Business entrepreneurs, not the state, drive economic and institutional development by creating wealth, building firms, and fostering community well-being. Their initiatives are pivotal for society's progress.
Business contributes to economic development by providing capital, technology, employment, skills, poverty reduction benefits, and non-commercial delivery of public goods, fostering innovation, and more, as suggested in the paper.
Entrepreneurship fosters economic growth by creating value, seizing opportunities, and adapting to change. Social entrepreneurship addresses societal issues, contributing positively to economic development and social change.
Businesses contribute to economic development by fostering socio-economic stability, creating employment opportunities, meeting consumer needs, promoting competition, and supporting national budgets, as discussed in the paper.

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