Entrepreneurs Are the Major Source of Innovation and Job Creation

question 70

True/False

Entrepreneurs are the major source of innovation and job creation in any economy.

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Definitions:

Induction Motors

Electric motors that operate by inducing a rotating magnetic field in a conductive rotor, without physical contact, typically used in industrial applications.

Rotors

The rotating part of an electrical machine such as a motor or generator, which turns around an axis.

Electric Motor

A machine that converts electrical energy into mechanical energy, used in countless applications from household appliances to industrial machines.

Mechanical Energy

The energy possessed by an object due to its motion or position, capable of producing mechanical work.