SOLUTIONS FOR CLASS 9 CHAPTER 16 CHARACTERISTIC OF ENTREPRENEURSHIP


1. Mention any 5 characteristics that you possess that can help you to become a successful entrepreneur.
  • Confidence
  • Initiative
  • Integrity
  • Optimistic and future-oriented
  • Vision

2. Define integrity.
Integrity is the personnel commitment to keep your promise, to do what you say you are going to do.

3. Entrepreneurs are beneficial to society in which ways?
Entrepreneurs are beneficial to society in 3 ways - economic, psychological, and social.

Economic - 
  • Generate employment
  • Regional development
  • Improves the economy of the country

Psychological - 
  • Instills a drive for development
  • Develops confidence
  • Increase motivation

Social - 
  • Helps in reducing unemployment
  • Improves socio-economic status
  • Satisfies consumer need

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