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BusinessBusiness
7 July, 18:08

What is the role of the entrepreneur in the modern economy?

A. To preserve natural resources

B. To create jobs

C. To take big risks

D. To generate wealth

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Answers (1)
  1. 7 July, 19:33
    0
    B. To create jobs

    Explanation:

    In order to operate their business entrepreneurs need to hire a group of people with different skill set, leading to the creation of jobs.

    - To preserve natural resources

    This option is wrong because the Government take the majority of the role in natural resources preservation. They do this by creating laws and regulation to prevent the exploitation of these natural resources.

    - To take big risks

    This option is wrong because You don't have to be an entrepreneur to take a big risk. A boxer who decided to fist fights with other boxer take a big risk of having a brain damage.

    - To generate wealth

    This option is wrong because Generating wealth can be done by any other career beside entrepreneur. You can get rich by being an artist, an athlete, a Doctor, etc.
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