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which of the following describe the role of an entrepreneur in a capitalist economic system?

Asomeone who combines the factors of production into a business
Bsomeone who decides how much regulation the economy needs
Csomeone willing to risk loss and failure for profit
Dsomeone with no ambition who assesses the market
Esomeone who represents the public authorities

Verified Answer :

MissPhiladelphia

I think the correct answer from the choices listed above is option C. The role of an entrepreneur in a capitalist economic system is someone willing to risk loss and failure for profit. Capitalism is an economic system based on private ownership of the means of production and their operation for profit.

SenpaiTrill

Hello there.

Which of the following describe the role of an entrepreneur in a capitalist economic system?

C. someone willing to risk loss and failure for profit


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