Question : Statement 1: The term entrepreneur was introduced by French economist Richard Cantillon
Statement 2: The term entrepreneur was first introduced in economics by the early 19th century.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Answer (1)
20th Jan, 2024
Correct Answer: Statement 1 is true and statement 2 is false.
Solution : The term entrepreneur was first introduced in economics by the early 18th century. It was introduced by a French economist Richard Cantillon.
Hence, option C is correct.
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