1. Does entrepreneurship matter? Why? 2. How important is entrepreneurship in nation building?

Q: Why do you think that the inventions you presented in class matter in terms of making the society…

A: Innovation is important for the progress of the society as it solves such social problems and…

Q: Entrepreneurship is becoming the driving force behind many economies in the world and most economies…

A: Entrepreneurship is significant for various reasons, from elevating social change to driving…

Q: In Economics, "______________________   is the sum total of skills embodied within an individual:…

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: How do you explain your country 's economic 's success bas - Formal institution: Politics, Law and…

A: Institutions in economies are classified as:- Formal and Informal. Formal institutions include laws,…

Q: How does profit motive affect innovation and economic productivity?

A: Productivity is the ratio of output and input.

Q: There have been several great entrepreneurs from the past and present that have helped to shape the…

A: People take the risks involved with entrepreneurship because it return a huge profit. If an…

Q: Provide detailed answer to each of the following a) Various skills required by entrepreneurs with…

A: a)Managerial and entrepreneurial skills are very important for entrepreneurs in Pakistan. With thes…

Q: After comparing the advantages and disadvantages of entrepreneurship,you think you can realistically…

A: Entrepreneurship refers to the phenomenon in which an individual is responsible for the setting up,…

Q: What is the significance of the four forms of business? Write at least three each

A: What is the significance of the four forms of business? Write at least three each. Answer: There are…

Q: Describe some of the powerful economic forces that are creating global expansion of…

A: Economy forces are the factors that are used to determine the competitiveness of the economy. This…

Q: Why do you think Entrepreneurship is a science?provide example/ scenario that will support your…

A: Scince of buissness  to do crete new  think that better human development A person who setup her…

Q: Why is Entrepreneurship is very important in our economy?

A: Entrepreneurship refers to the building or setting up and establishing a new business with all the…

Q: 9. List the ideas associated with a laissez faire economy. 10. List the key ideas outlined by Karl…

A: Answer - "Thank you for submitting the questions.But, we are authorised to solve one question at a…

Q: at ideas did Adam Smith contribute to academic thought?

A: Economics is the study of social science that focuses on human behavior and how the various economic…

Q: What impact does entrepreneurship have on your natural environment? What impact does it have on…

A:

Q: Discuss the importance of entrepreneurship and innovation as well as describe their differences,…

A: Innovation is very important in order to get more revenue from any business and for improvement in…

Q: 3. Which is a characteristic of the free enterprise system? A. Most private property was held in…

A: Economic system drives the economic growth of the nation and explains how the economy works. It can…

Q: What is meant by entrepreneur? Explain why people are willing to take the risks of entrepreneurship?

A: Entrepreneur means someone who innovates and brings new ideas. With these ideas,new business…

Q: How do you view entrepreneurship in terms of its importance and roles in our economy?

A: Entrepreneurship is the most efficient use of unused resources, labor, and money. Entrepreneurs take…

Q: Case study: Experts Propose a Process for Increasing Innovation. How does the process of…

A: Creating innovative communities is very important. Challenges are there for innovators,but these…

Q: What role do these entrepreneurial competencies play in the success of the entrepreneur as well as…

A: The person who tends to start a business and is also willing to risk loss for making more money is…

Q: Economic freedom reflects the liberty managers have to decide endless aspects of everyday business…

A: The economics as a study is based upon the idea that the resources which the economies have tend to…

Q: Entrepreneurship is about high profit and high risk, Explain how

A: Entrepreneurship: - entrepreneurship is that factor of production that combines the other three…

Q: What is an institution? Give examples of (and explain the differences between) formal and informal…

A: The organizations are an important part of the society. They help in structuring the daily lives of…

Q: Why is entrepreneurship considered a factor of production?

A: Factors of production refer to the inputs required to produce economic activities and can be…

Q: sing MS Word, Google Docs or any other application of your choice, create a handout in which you…

A: Entrepreneurial competencies are the key qualities a person who is an entrepreneur required to…

Q: Despite a booming economy and low unemployment rates researchers have often found   declining social…

A: Social mobility is a concept that includes the likelihood of moving up or down in the…

Q: Name any two (2) literacies (news, media, information, technology) that are most helpful in…

A: In media literature, People get the text by means of a media transporter like a paper or magazine,…

Q: Different Perspectives of Science and Technology in terms of Human Flourishing   1. What is…

A: Innumerable ways, technology affects ourselves and the world around us. It facilitates our work,…

Q: 4) Models of Schumpeterian creative destruction aim to explain: (a) how old capital is best retired…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: What value does entrepreneurship provide for our economic well-being?

A: The concept that depicts the development and management of business ventures for gaining profit…

Q: OPENING CASE: The Decline of Zimbabwe In 1980, the southern African state of Zimbabwe gained…

A: Economic growth: It refers to the economic activity that has been performed in the economy. These…

Q: How can or should U.S. innovation be encouraged? What is government's role? How shall this role, if…

A: U.S. innovation can be encouraged as:- The United States being a developed country has already…

Q: Explain why entrepreneur skills are important in our society and To our economy

A: Great skill entrepreneurs have the power to alter the manner we tend to live and work, on native and…

Q: Create an entrepreneurship and socio-economic development relationship mind map. In your…

A: The process of coming up with innovative ways to combine resources is called entrepreneurship.…

Q: 6- Which of the following is not found in a capitalist economy? a. Competition among enterprises b.…

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: Lately, a lot of people are buying iPhone 12. Which trend is it in entrepreneurial scope? Select…

A: Technology encompasses all techniques, skills, methods, and procedures employed in the manufacture…

Q: Does innovation start with creativity? Do you agree? Why or Why not?

A: The given statement is correct. Creativity is the ability or act of making something original and…

Q: Answer correctly and fast please Which of the following is one of the three factors contributing…

A: An entrepreneur is described as "the owner or manager of a business organisation who attempts to…

Q: Which of the following are ways in which an entrepreneur earns a profit? Check all that apply. a.…

A: Entrepreneurship refers to the concept of developing and managing a business venture in order to…

Q: what is the relationship of entrepreneurship and soci-economics? what are their benefits?

A: Socioeconomics refers to the interaction between social and economic factors. In other words, it is…

Q: What is the role of government in promoting entrepreneurship in the Philippines? Explain one program…

A: Role of government in promoting entrepreneurship in the Philippines  Explaination of program by the…

Q: Unit 2 Test Review 1. Who proposed managed capitalism? 2. What does laissez faire mean? 3. The US…

A: "Since you have asked a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Select one: O a. natural resources, capital, land area, and population size. O b. population size,…

A: *Answer: