The Entrepreneurship Quiz
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Questions and Answers

Which of the following best defines entrepreneurship?

  • The impact of economic development on entrepreneurship
  • The use of products and services provided by businesses
  • The rewards for the entrepreneur and the economy
  • The creation of a new business venture (correct)

    • What is the role of entrepreneurship in economic development?

  • It is not related to economic development
  • It has no impact on economic development
  • It plays a crucial role in economic development (correct)
  • It negatively impacts economic development

    • How does entrepreneurship impact our daily lives?

  • It rewards entrepreneurs financially
  • It has no impact on our daily lives
  • It creates new businesses in different industries
  • It provides us with various products and services (correct)

    • What is the definition of entrepreneurship?

    <p>The creation of a new business venture</p> Signup and view all the answers

    What is a characteristic of entrepreneurship?

    <p>Dynamic economic activity</p> Signup and view all the answers

    In simple words, entrepreneurship can be defined as the creation of a new ______ venture.

    <p>business</p> Signup and view all the answers

    In our daily lives, we use various products and services that are provided by ______.

    <p>businesses</p> Signup and view all the answers

    Entrepreneurship is ______.

    <p>everywhere</p> Signup and view all the answers

    These businesses were created because of ______.

    <p>entrepreneurs</p> Signup and view all the answers

    Entrepreneurship not only initiates creation of new businesses in different industries, but also positively impacts ______ development.

    <p>economic</p> Signup and view all the answers

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