Productivity revised

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Productivity
Social entrepreneurship entails the practice of business activities by a large percentage of people in a community. When people in a community are motivated and inspired to become innovative, they create self-employment (Mair and Ernesto 122). They identify opportunities and open business thereby increasing the economy of the region.
Social entrepreneurship leads to increased competition which in turn makes entrepreneurs identify tactical strategies to increase the quality of their products and services so that they can win large market share. This leads to expansion of entrepreneurial activities as entrepreneurs expand their scope of products and services to attract customers and establish customer retention. In the long run, productivity has substantially increased a factor that boosts the economy of a region. Job creation increased competition, and increase productivity, as well as social entrepreneurship, play a crucial role in increasing output GDP (Mair and Ernesto 124). The reason behind this is that in one way or another, economic activities are increased and they become effective. The fact that the competition is healthy increases financial profitability.
Aggregate demand entails the cumulative demand for finished goods or final services which influence and economy. This demand should be maintained high since it determines the volume of goods or services which are required by the consumers at any given time and therefore the productivity and profitability (Reagan).

The total amount demanded forms the aggregate demand curve. In the curve, the price of the various products is represented.
Aggregate supply entails the cumulative of both products and services to the consumers. It is to a high level determined by aggregate demand. When the supply is high, the profitability is high (Reagan). To maintain this high supply, producers are forced to increase their productivity. This ends up shaping the economy. The price of the products and the quantity supplied forms aggregate supply curve. When the price level is high, producers will be forced to supply high quantity to the market.
Work Cited
Mair, Johanna, and Ernesto Noboa. “Social entrepreneurship: How intentions to create a social venture are formed.” Social entrepreneurship. Palgrave Macmillan, London, 2006. 121-135. Retrieved 30, May 2018 from http://www.untag-smd.ac.id/files/Perpustakaan_Digital_1/ENTREPRENEURSHIP%20Social%20Entrepreneurship%20-%20Palgrave%20Macmillan.pdf#page=138.
Reagan, Phillip. . “Aggregate Demand And Aggregate Supply | Intelligent Economist.” Intelligent Economist. N. p., 2017. Web. 30 May 2018 Retrieved 30, May 2018 from https://www.cliffsnotes.com/study-guides/economics/aggregate-demand-and-aggregate-supply/aggregate-supply-as-curve.