BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Answer: Early-19th-century French economist Jean-Baptiste Say provided a broad definition of entrepreneurship, saying that it “shifts economic resources out of an area of lower and into an area of higher productivity and greater yield".

Detailed explanation-2: -During the late 19th century, entrepreneurship can be underscored for creating capitalists, innovators, prospectors, financiers that could provide funding, and business men who were not only creating startups but expanding pre-existing businesses.

Detailed explanation-3: -Solution. In 1848, the famous economist John Sturt Mill described ‘Entrepreneurship’ as the founding of a Private enterprise.

Detailed explanation-4: -The term “entrepreneur” likely comes from the French word “entreprendre, ” meaning to start something. Richard Cantillon, an 18th-century Irish-French economist, is widely credited with defining entrepreneurship-and entrepreneurs-as an economic force that drives development.

Detailed explanation-5: -in the 17th century. • An entrepreneur was a person who entered into a contract. with the government to perform a service or to supply stipulated products. • John law, a frenchman was one of the entrepreneur in that. period.