ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The government realized that ____ and racial economic imbalances were the root causes of the unhappiness that had precipitated the 1969 racial riots.
A
wealth
B
happiness
C
poverty
D
radical extremists
Explanation: 

Detailed explanation-1: -Importance of Entrepreneurship Drives economic growth and creates new job. Encourages innovation by bringing new ideas, products, and services to the market. Contributes to social change by developing products or services that reduce people’s dependence on outdated technologies.

Detailed explanation-2: -Entrepreneurs boost economic growth by introducing innovative technologies, products, and services. Increased competition from entrepreneurs challenges existing firms to become more competitive. Entrepreneurs provide new job opportunities in the short and long term.

Detailed explanation-3: -Entrepreneurship Accelerates Economic Growth. Entrepreneurship Promotes Innovation. Entrepreneurship Can Promote Social Changes. Entrepreneurship Promotes Research and Industrial Development. More items •30-Mar-2020

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