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Questions and Answers
Which of the following statements best describes the importance of entrepreneurship?
Which of the following statements best describes the importance of entrepreneurship?
- Entrepreneurship is crucial for economic growth and innovation (correct)
- Entrepreneurship is not important in today's economy
- Entrepreneurship is only relevant for small businesses
- Entrepreneurship is only important for large corporations
What is one benefit of entrepreneurship?
What is one benefit of entrepreneurship?
- Entrepreneurship limits competition
- Entrepreneurship hinders economic development
- Entrepreneurship leads to job scarcity
- Entrepreneurship fosters creativity and problem-solving skills (correct)
Why is entrepreneurship important for society?
Why is entrepreneurship important for society?
- Entrepreneurship creates jobs and drives economic growth (correct)
- Entrepreneurship leads to income inequality
- Entrepreneurship only benefits the individual entrepreneur
- Entrepreneurship increases government control
