Practice Entrepreneurship (5.4) - Introduction to Economics - IB 10 Individuals & Societies - Economics
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Entrepreneurship

Practice - Entrepreneurship

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

Define what an entrepreneur is in one sentence.

💡 Hint: Think about who takes risks when starting a business.

Question 2 Easy

List two traits of successful entrepreneurs.

💡 Hint: Consider characteristics necessary for succeeding in business.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is a key attribute of successful entrepreneurs?

Risk-taking
Avoiding failure
Staying idle

💡 Hint: Think about what entrepreneurs do when faced with new opportunities.

Question 2

True or False: Entrepreneurs always succeed.

True
False

💡 Hint: Consider the nature of startups and new businesses.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Assume you want to start a new eco-friendly product line. What steps would you take to research and identify potential risks and opportunities?

💡 Hint: Think about what questions would help you survey the market and gauge interest.

Challenge 2 Hard

Evaluate the role of government policies in supporting entrepreneurship in your country. What incentives might be effective?

💡 Hint: Consider specific policies that you think may aid new businesses.

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