Entrepreneurs play a vital role in the market economy by introducing new goods and services through their businesses, carefully calculating risks for potential benefits.
Entrepreneurs are individuals who introduce new goods and services to the market by starting their own businesses. They take risks, invest in resources, and hire workers to produce goods and services for consumers.
Successful entrepreneurs carefully calculate risks and weigh them against potential benefits before investing their money in a project. They are the driving force in a market economy, constantly innovating and taking calculated risks to meet consumer needs.
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