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Louisa moved to Georgia and opened a laundromat. Which word best describes Louisa?

(1 point)
Responses

Tourist
Tourist

Entrepreneur
Entrepreneur

Multicultural
Multicultural

Politician

which statement best describes the role of entrepreneurs in starting and organizing a business?
(1 point)
Responses

Entrepreneurs typically avoid financial risks when launching their businesses.
Entrepreneurs typically avoid financial risks when launching their businesses.

Entrepreneurs prioritize following conventional business practices over innovation.
Entrepreneurs prioritize following conventional business practices over innovation.

Entrepreneurs play a vital role in addressing community needs and creating job opportunities.
Entrepreneurs play a vital role in addressing community needs and creating job opportunities.

Entrepreneurs primarily rely on government subsidies to sustain their business ventures.
Entrepreneurs primarily rely on government subsidies to sustain their business ventures.

Why is entrepreneurship considered risky?
(1 point)
Responses

Entrepreneurs often risk their own time and money investments in creating a new business
Entrepreneurs often risk their own time and money investments in creating a new business

Entrepreneurship guarantees profits
Entrepreneurship guarantees profits

Entrepreneurs never have to invest their own time or effort.
Entrepreneurs never have to invest their own time or effort.

The government does not encourage entrepreneurship because it does not benefit the economy

What is the motivating factor for entrepreneurs?

(1 point)
Responses

Profit
Profit

Risk
Risk

Expenses
Expenses

Time

1 answer

  1. Which word best describes Louisa?

    • Entrepreneur

  2. Which statement best describes the role of entrepreneurs in starting and organizing a business?

    • Entrepreneurs play a vital role in addressing community needs and creating job opportunities.

  3. Why is entrepreneurship considered risky?

    • Entrepreneurs often risk their own time and money investments in creating a new business.

  4. What is the motivating factor for entrepreneurs?

    • Profit