ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The term entrepreneur has a French origin and was coined from the words
A
entre, which means ‘in confidence’, and prendre, which means” ‘to Take a peek’.
B
entre, which means “inbetween, “ and prendre, which means” to not take.”
C
entre, which means “between, “ and prendre, which means” to take.”
D
None of the above
Explanation: 

Detailed explanation-1: -to capture; to take; to abduct. to undertake (a responsibility, etc.)

Detailed explanation-2: -The word ‘entrepreneur’ is derived from the French word entreprendre. It means ‘to undertake’. Thus, entrepreneur is the person who undertakes the risk.

Detailed explanation-3: -Entrepreneur is a French word probably coined by the economist Jean-Baptiste Say from the word entreprendre, which is usually translated as “undertaker” or “adventurer."1 Say studied Smith’s book and, while agreeing on all points, found that the omission of enterprising businessmen was a serious flaw.

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.

There is 1 question to complete.