Question:
Write the definition of Entrepreneurship as given by an economist.
Write the definition of Entrepreneurship as given by an economist.
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Understand the key concepts related to entrepreneurship and also their definitions from the viewpoint of economists.
Updated On: Feb 21, 2025
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Solution and Explanation
Economists define an entrepreneur as someone who brings together various resources like labor, material, capital and other assets into profit-making combinations.
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