WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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speculator
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entrepreneur
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Robber Baron
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monopolist
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Detailed explanation-1: -Innovative entrepreneurs are individuals who have the capability of creating and bringing innovative products to the market. Innovative entrepreneurship can help professionals develop ideas to successfully manage businesses. Understanding this concept can help you become a successful entrepreneur.
Detailed explanation-2: -Jehangir Ratanji Dadabhoy Tata, a very successful entrepreneur, was born on 21 July 1904. The son of businessman Ratanji Dadabhoy Tata, he became the first licensed pilot in India. He served as the Tata group’s Chairman and founded Tata Consultancy Services, Tata Salt, Voltas, Tata Motors, and Air India.
Detailed explanation-3: -Self-made is used to describe people who have become successful and rich through their own efforts, especially if they started life without money, education, or high social status.
Detailed explanation-4: -An entrepreneur combines the first three of these to manufacture goods or provide services. They typically create a business plan, hire labor, acquire resources and financing, and provide leadership and management for the business. Entrepreneurs commonly face many obstacles when building their companies.