WorksheetsEntrepreneurship and its History
Total questions: 10
Worksheet time: 30mins
Entrpreneurship is the process of creating a new enterprise and bearing any of its risks, with the view of making the profit
True
False
Maybe
I don't know
Entrpreneurs is a person who organizes and operates
a business or businesses, taking on
greater than normal financial risks in
order to do so.
Maybe
False
True
I don't know
He was the first person who uses the term entrpreneur
John Maynard Keynes
John Baptiste Say
Joseph Schumpeter
Richard Cantillon
He is the father of Modern Macroeconomics
John Maynard Keynes
John Baptiste Say
Joseph Schumpeter
Richard Cantillon
He is the father of Entrepreneurship
John Maynard Keynes
John Baptiste Say
Joseph Schumpeter
Richard Cantillon
He is a French economist who said, "The Entrpreneur shift economic resources out of an area of lower and into an area of higher productivity and great yield"
John Maynard Keynes
John Baptiste Say
Joseph Schumpeter
Richard Cantillon
The 1987 Philippine Constitution recognizes entrpreneurship as an engine of economic ____
depletion
loss
growth
inflation
The first known instance of humans trading
comes from New Guinea around ________
17,000AD
17,000BCE
17,000CE
170,000BCE
trade is also called ______
obsidian
goods
commerce
service
During Middle Ages, Entrepreneur did not take any risk because all the resources are provided by the government
I don't know
Maybe
False
True
