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WorksheetsENT 6-2 Entrepreneurism’s Impact on Society
Total questions: 10
Worksheet time: 5mins
What are some factors contributing to the growth of entrepreneurism and small business start-ups?
Access to technology
Globalization of companies and economies
Independence from traditional corporate roles
All of the above
What is the gig economy?
A type of economy where only large corporations dominate
An economy based on temporary and flexible jobs
An economy focused on manufacturing and production
An economy driven by government policies
Why is competition considered beneficial for entrepreneurism?
Competition leads to higher profits for entrepreneurs
Competition helps entrepreneurs become more innovative
Competition discourages people from starting their own businesses
Competition has no impact on entrepreneurism
What is one of the reasons small businesses have a positive impact on society?
Small businesses contribute to economic activity
Small businesses discourage innovation
Small businesses have no impact on employment
Small businesses rely on government funding
What percentage of private sector employees do small businesses employ in the United States?
Less than 10%
Around 25%
Over 50%
Nearly 90%
How do small businesses contribute to the economy?
By paying taxes
By providing charitable donations
By sponsoring local sports teams
All of the above
What is one way small businesses support their communities?
By exporting goods to other countries
By providing scholarships and grants
By investing in large corporations
By promoting economic inequality
Which group of people are particularly inclined towards pursuing entrepreneurism?
Generation X
Baby Boomers
Generation Y and Z
Retirees
What role do small businesses play in innovation?
Small businesses are not involved in innovation
Small businesses contribute to a small percentage of patents
Small businesses are the major source of innovation
Large businesses are solely responsible for innovation
What is the main reason entrepreneurs start and run businesses?
To have an impact on society
To accumulate personal wealth
To compete with large corporations
To avoid traditional employment
