Question

1. what is an entrepreneur? (1 point)

a person whose business is privately owned
a person who risks their money to begin a business
a person whose business is owned by the government
a person with the knowledge and skills to contribute to the labor force

Explanation:

To determine the correct definition of an entrepreneur, we analyze each option:

• "A person whose business is privately owned" describes a private business owner but not the core of entrepreneurship (which involves risk - taking to start a business).
• "A person who risks their money to begin a business" aligns with the definition of an entrepreneur, as entrepreneurs take financial risks to start and operate businesses.
• "A person whose business is owned by the government" refers to a public - sector business owner, not an entrepreneur.
• "A person with the knowledge and skills to contribute to the labor force" describes a skilled worker or employee, not an entrepreneur.

Answer:

B. A person who risks their money to begin a business