English

A group of innovative entrepreneurs help to ______.

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Question

A group of innovative entrepreneurs help to ______.

Options

  • Create employment opportunities

  • Reduce export income

  • Bring imbalance in regional growth

  • Increase dependence on other economies

MCQ
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Solution

A group of innovative entrepreneurs help to create employment opportunities.

Explanation:

Innovative entrepreneurs drive economic growth by starting new businesses and expanding existing ones, which directly leads to job creation. By hiring workers to develop, produce, and market their new ideas, they reduce unemployment and boost individual income levels. The other options describe negative economic outcomes, whereas successful entrepreneurship actively fosters growth, regional balance, and self-reliance.
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Chapter 1: Factors of Production - Exercise [Page 32]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
Exercise | Q 74. | Page 32
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