Entrepreneurship Quiz
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Questions and Answers

What percentage of the U.S. population aged 18-64 is actively involved in entrepreneurial activity?

  • 13% (correct)
  • 18%
  • 6.5%
  • 25%
  • How many businesses do entrepreneurs start in the U.S. annually?

  • 3 million
  • 6.5 million (correct)
  • 9 million
  • 12 million
  • What is the primary purpose of an entrepreneur in creating a new business?

  • Personal development
  • Philanthropy
  • Social recognition
  • Achieving profit and growth (correct)
  • What is the global average percentage of the population aged 18-64 actively involved in entrepreneurial activity?

    <p>13%</p> Signup and view all the answers

    What does the Global Entrepreneurship Monitor (GEM) report about entrepreneurial activity in the U.S.?

    <p>It's increasing</p> Signup and view all the answers

    Study Notes

    Entrepreneurship Statistics

    • In the U.S., around 12.6% of the population aged 18-64 are actively involved in entrepreneurial activity.

    Business Creation

    • Entrepreneurs start approximately 27 million businesses annually in the U.S.

    Entrepreneurial Goals

    • The primary purpose of an entrepreneur in creating a new business is to earn a profitable income, with 54.4% focused on this goal.

    Global Entrepreneurial Activity

    • The global average percentage of the population aged 18-64 actively involved in entrepreneurial activity is around 7.6%.

    Global Entrepreneurship Monitor (GEM) Report

    • According to the GEM report, the U.S. ranks among the top five countries in terms of entrepreneurial activity, with a high rate of business ownership and entrepreneurial ambition.

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    Description

    Test your knowledge of entrepreneurship with this quiz covering Chapter 1: "Entrepreneurs: The Driving Force Behind Small Business." Explore the concepts and characteristics of entrepreneurs, and gain insights into the world of small business. Perfect for students and professionals alike.

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