Practice Role of an Entrepreneur in Economic Development - 2.4 | 2. Entrepreneurship | ICSE 11 Business Studies
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Role of an Entrepreneur in Economic Development

2.4 - Role of an Entrepreneur in Economic Development

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is one way entrepreneurs create jobs?

💡 Hint: Think about the relationship between business and employment.

Question 2 Easy

Name a benefit of an entrepreneur introducing a new product.

💡 Hint: What happens when new options are available?

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What role do entrepreneurs play in job creation?

They create jobs
They eliminate jobs
They outsource jobs

💡 Hint: Consider the impact of new businesses on employment.

Question 2

True or False: Entrepreneurs only affect local economies.

True
False

💡 Hint: Think about the scope of business operations.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Evaluate the impact of a new tech startup on local employment and broader economic conditions.

💡 Hint: Consider both direct and indirect impacts.

Challenge 2 Hard

Discuss how resource mobilization strategies differ between a small local business and a large corporation.

💡 Hint: Think about the scale and reach of each type of business.

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