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5. ASSIGNMENT – QUESTIONS

1. List 10 people from whom you buy any product or service, for example, a newspaper vendor, milk vendor, or grocer. Who do you think is an entrepreneur? If not, why?

Starting a venture is not an easy task. A series of activities needs to be planned and...

Sagot :

GinnyAnsweridn

Final answer:

Entrepreneurs play a vital role in market economies by driving innovation, job creation, and economic growth through venturing into new business opportunities.


Explanation:

Entrepreneur: The entrepreneur is the driving force in a market economy, responsible for hiring workers and buying resources to produce goods and services for consumers.

The entrepreneur judges market opportunities and takes risks by investing personal savings or borrowing to start a business or develop new products.

Entrepreneurs play a crucial role in innovation, job creation, economic growth, and responding to market needs by introducing new goods and services.


Learn more about Entrepreneurship here:

https://brainly.com/question/43182933


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