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Here is a mind map about entrepreneurship in the Philippines. First of all, the entrepreneurs should consider the external conditions, like the environment, climate, law, governance, and financial statuses. For developing socio-economic entrepreneurship, entrepreneurship creates employment of resources: land, labor, capital, entrepreneurship. Entrepreneurship brings equitable distribution of income. Entrepreneurship brings industrialization to the countryside. Learn more from this mind map and try to make your concept visualized.