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babymother [125]
3 years ago
8

In 1-3 sentences, explain the role of entrepreneur in the economy

History
2 answers:
Juli2301 [7.4K]3 years ago
6 0
Entrepreneurs are businessmen, they create employment, pay taxes, most often than not they start something new in the market which stimulates the economy. Like new stuffs to franchise and then it becomes a multiplier, some other businessmen now have other business opportunities. New entrepreneurs are given more choices in terms of what business to get in to. all of which helps the economy somehow. Interests is how much people/businesses are willing to pay for the cost of money. Profit, without profit there is no use in continuing a business. Why do business without profit? When it is outright crazy and unreasonable that is too much. It's not easy to quantify how much and it's relative depending on the individual.
Bogdan [553]3 years ago
4 0
To create economic growth and develoment by reducing unemployment and developing skill of citizens to meet the job requirements.

hope this helps, Carleisha! :-)
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what type of economy was america moving towards during the industrial revolution where people primarily produced goods for sales
dalvyx [7]

Answer:

America was moving towards an industrialized, modern, capitalist economy:

Industrialized because industry was becoming more important than agriculture.

Modern because scientific and engineering progress were being applied to industry in order to increase production and efficiency.

Capitalist because people were producing goods for profit, not just for mere survival.

6 0
3 years ago
How many people perished in the North
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B, but to be exact it was 1402

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Wood from Lebanon for both David's house and Solomon's Temple was provided by who?
mote1985 [20]

Answer:

Hiram, King of Tyre.

Explanation:

After King David got back the Ark of the Tabernacle, he promised God that he would build a temple for the Ark to be kept in a much more permanent location. But due to his murderous hands and the vast amount of human blood that he had shed, God told him to let the temple be built by his son Solomon.

In the book of 1 Kings chapter 5, we see Hiram, king of Tyre, and King Solomon agreeing to provide provisions for each other according to their needs. King Solomon requires "cedars of Lebanon" and asks Hiram to allow it to be sent to him, and in return, he will provide King Hiram with provisions for the royal household. <u>Verses 10 and 11</u> say, <em>"In this way Hiram kept Solomon supplied with all the cedar and juniper logs he wanted, and Solomon gave Hiram twenty thousand cors of wheat as food for his household, in addition to twenty thousand baths, of pressed olive oil. Solomon continued to do this for Hiram year after year." </em>

7 0
4 years ago
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jeka57 [31]

Answer:

Capitalism enables human choice.

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Given that socialism is a form of socio-political governance that stipulates that all factors and processes of production, including distribution of services and commodities, should be controlled by the community and in turn, distributed again among the community.

Hence, it is apparent that this style of sociopolitical government does not favor "Human Choice" as every member of the community is working together. Whether individuals like it or not.

Hence, in this case, the correct answer is "Capitalism enables human choice."

3 0
3 years ago
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<span>The Louisiana Purchase doubled the country's size.</span>
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