ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
True or False. Economic Development refers to how advanced an economy is.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Economic Development is programs, policies or activities that seek to improve the economic well-being and quality of life for a community.

Detailed explanation-2: -Economic Development is the creation of wealth from which community benefits are realized. It is more than a jobs program, it’s an investment in growing your economy and enhancing the prosperity and quality of life for all residents. Economic development means different things to different people.

Detailed explanation-3: -Economic development is related with developed economy is true or false Answer: Economic Development relates to economic growth, so false.

Detailed explanation-4: -Economic development ideally refers to the sustained, concerted actions of communities and policymakers that improve the standard of living and economic health of a specific locality.

There is 1 question to complete.