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A Triggering Event Is a Specific Event or Occurrence That

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A triggering event is a specific event or occurrence that sparks the entrepreneur to proceed from thinking to doing.


Definitions:

Reelected

The process of being elected again for another term in the same position or office.

Government Expenditures

Monetary outlays by the government for goods, services, and public projects to benefit the economy or society.

Gross Domestic Product (GDP)

A measure of the economic performance of a country, indicating the total value of all goods and services produced within a given period.

Public Officials

Individuals elected or appointed to carry out governmental functions and policies.

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