THE EFFECT OF ENTREPRENEURSHIP DEVELOPMENT IN RURAL AREAS(A CASE STUDY OF SOME SELECTED ENTERPRISES IN ISOKO NORTH L.G.A DELTA STATE)

A society is an organized collectivity of people interacting freely with one another. Business exists in society for the inter-related activities directed at making profit. Every economy is usually the network of business organizations. A business organisation is the social framework geared towards the performance of transaction may be privately or publicly owned. The owners of these business organisations are the entrepreneurs. An entrepreneur takes beneficial risks, identifies opportunities, combining resources and initiating the setting up of business organisation or enterprise. The purpose why business exist in society are to: Creation of jobs for employment of labour: Derive raw materials from society, produce goods and services of high quality, gain patronage for its products and facilitate the exchange of goods and services. The level of economic growth of any country depends on the quality of its entrepreneur. But the entrepreneur can only do well in a favourable business environment.