Describe Entrepreneurship and Include Three (3)pros and Three (3)cons That

question 48

Essay

Describe entrepreneurship and include three (3)pros and three (3)cons that entrepreneurs face in today's business environment.

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Definitions:

Welfare State

A social system in which the government takes responsibility for the well-being of its citizens by providing services such as healthcare, education, and financial assistance.

Consensus

Consensus is the general agreement reached by a group as a whole, often used in the context of decision-making processes where unity and collective support are sought.

Bretton Woods

Refers to the international monetary system established in 1944 in Bretton Woods, New Hampshire, which set up rules for commercial and financial relations among the world's major industrial states.