The individual who brings together economic resources and assumes the risk in a capitalist economy is called the:
A) manager.
B) entrepreneur.
C) stockbroker.
D) banker.

Question

Quizplus · Accepted Answer

An entrepreneur is an individual who brings together economic resources, such as labor and capital, and assumes the risk of starting and running a business in a capitalist economy. They are responsible for making decisions regarding production, marketing, and finance, and are motivated by the potential for profit. Managers oversee the day-to-day operations of a business, while stockbrokers and bankers work in financial services but do not necessarily assume entrepreneurship risk.

The Individual Who Brings Together Economic Resources and Assumes the Risk