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E
Question Practice

Why is the role of an entrepreneur considered crucial during economic downturns?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Biotechnology
Biotechnology
Entrepreneurship
Question Bank

Why is the role of an entrepre...

Single Answer MCQ
Q-00096748

Why is the role of an entrepreneur considered crucial during economic downturns?

1

They are the sole job creators.

2

They drive innovation and recovery.

3

They reduce prices in the market.

4

They eliminate competition.

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Q1.

What is the primary role of an entrepreneur in a market economy?

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Q2.

Which of the following best describes the term 'entrepreneurship'?

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Q3.

In which way do entrepreneurs contribute to the economic development of a country?

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Q4.

Which of the following quotes reflects the importance of innovation in entrepreneurship?

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