There Are Certain Myths About Entrepreneurs

question 73

Multiple Choice

There are certain myths about entrepreneurs. Which of the following is NOT one of these myths?

• A) Entrepreneurs are made, not born.
• B) Entrepreneurs are gamblers.
• C) Money is the key to entrepreneurial success.
• D) You must have a degree in business to be an entrepreneur.
• E) You have to be young to be an entrepreneur.

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Definitions:

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months.

Society

A structured community of people bound together by similar traditions, institutions, or nationality.

Waste Of Resources

The inefficient or ineffective use of materials, energy, effort, money, or time in achieving a goal or outcome.

Zero-Inflation Policies

Economic policies aimed at achieving a very low and stable rate of inflation, often through tight control of the money supply and interest rates.