What Does an Entrepreneur Do for America?
An abstract definition of an entrepreneur would be "a person who earns money using the available resources so as to cater to his or her financial needs while also creating opportunities for other people to get employed." This also explains what does an entrepreneur do for America.
Basically, when an individual starts to earn on his/her own, that person is out of the problem of unemployment. Coming to the question of what does an entrepreneur do for America, it need not be mentioned that each entrepreneur created in America helps reduce the unemployment scenario in the state by some percent. If more and more people change their mentality and start their own businesses, be at a micro level or at mid size, the scenario of unemployment in America changes significantly. These businesses create plenty of job opportunities that can be utilized by the unemployed to earn money.
Other than creating job opportunities, the entrepreneurs pay several taxes related to their business. This includes income tax, as well. In addition to the different taxes paid by the small businesses run by entrepreneurs, the people working with these businesses also have to pay income tax to the government (subject to the States' regulations). Thus, a small spark ignited by an entrepreneur also helps increase money in the government treasury. This money is invested in different plans to help the senior citizens, people with disabilities, orphans, and several other needy people across America.
To sum up, if anyone asks what does an entrepreneur do for America, the answer is that she/he helps reduce the problem of unemployment and also provides funds to the national treasury by way of taxes that is put into several schemes for the benefits of American residents. This helps us in living the American dream.