Ask Question
19 January, 23:18

Which of the following describe the role of an entrepreneur in a capitalist economic system?

A. someone who combines the factors of production into a business

B. someone who decides how much regulation the economy needs

C. someone willing to risk loss and failure for profit

D. someone with no ambition who assesses the market

E. someone who represents the public authorities

+4
Answers (2)
  1. 20 January, 01:35
    0
    I think the correct answer from the choices listed above is option C. The role of an entrepreneur in a capitalist economic system is someone willing to risk loss and failure for profit. Capitalism is an economic system based on private ownership of the means of production and their operation for profit.
  2. 20 January, 02:00
    0
    Hello there.

    Which of the following describe the role of an entrepreneur in a capitalist economic system?

    C. someone willing to risk loss and failure for profit
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following describe the role of an entrepreneur in a capitalist economic system? A. someone who combines the factors of ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers