HISTORY
THE INDUSTRIAL REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Makes money from inventions
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A leader of a country.
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A worker in a factory.
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A student in college.
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Detailed explanation-1: -An inventor usually authorizes a manufacturer (the licensee) to make and sell the invention in exchange for paying the inventor royalties. The royalties may be a percentage of the net revenues or may be a payment for each invention sold.
Detailed explanation-2: -By Entrepreneur Staff. Invention Definition: An object, process or technique that displays an element of novelty. In certain circumstances, legal protection may be granted to an invention by way of a patent. Innovative new products are the fuel for the most powerful growth engine you can connect to.
Detailed explanation-3: -The entrepreneur is an innovator who creates economically sustainable business using his skills, initiative and resources. He anticipates needs and builds a business around it. The focus of an entrepreneur is the execution of new ideas, services, goods and procedures in the market.
Detailed explanation-4: -noun. /ˌɒntrəprəˈnɜː(r)/ /ˌɑːntrəprəˈnɜːr/ a person who makes money by starting or running businesses, especially when this involves taking financial risks.