Describe the Three Axes of the New Diagnostic and Statistical

question 95

Essay

Describe the three axes of the new Diagnostic and Statistical Manual of Mental Disorders (DSM-5).

Recognize the role of innovation and creativity in entrepreneurship.

Identify the characteristics of successful entrepreneurs and entrepreneurial educators.

Understand the importance of a long-term perspective and adaptability in entrepreneurship.

Analyze the role of entrepreneurship in social and economic equality.

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Definitions:

Overexpansion

The rapid and often uncontrollable growth of a business, territory, or economy, which can lead to inefficiency, unmanageability, and financial problems.

American Railroads

A network of rail transport that significantly contributed to the economic development and westward expansion of the United States throughout the 19th and 20th centuries.

Railroad Industry

The railroad industry encompasses companies that operate railroads, which are large networks of track on which trains travel to transport goods and passengers.

Regulation

The government's imposition of rules within a market to promote fairness, stability, and efficiency, often to protect the public interest.