Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which of the following best describes entrepreneurship?
Which of the following best describes entrepreneurship?
- Starting a business
- Taking risks for growth and profit
- Creating new products and services
- All of the above (correct)
According to Joseph Schumpeter, what motivates entrepreneurs?
According to Joseph Schumpeter, what motivates entrepreneurs?
- Innovation (correct)
- Competition
- Stability
- Money
How did Peter Drucker describe an entrepreneur?
How did Peter Drucker describe an entrepreneur?
- Someone who takes risks
- Someone who searches for change (correct)
- Someone who exploits changes
- All of the above
What does it mean to be an entrepreneur?
What does it mean to be an entrepreneur?
Signup and view all the answers
What role does entrepreneurship play in economic growth?
What role does entrepreneurship play in economic growth?
Signup and view all the answers
