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Answer :
Final answer:
The best example of an entrepreneur from the options provided is a chef who opens a new restaurant, as they create a business that hires workers and aims for profit. This aligns with the fundamental definition of an entrepreneur in a market economy. The other options do not fit the criteria of starting or managing a business.
Explanation:
Identifying an Entrepreneur
In economics, an entrepreneur is defined as a person who hires workers and purchases resources in order to produce goods and services for profit. To determine which of the individuals listed is an entrepreneur, we need to consider the definition carefully.
Let's evaluate each option:
- A. A truck driver who gets a pay raise - This is not an entrepreneur; they are an employee who is receiving a raise.
- B. A doctor who completes medical training - A doctor may own a practice later, but completing training doesn't make them an entrepreneur.
- C. A chef who opens a new restaurant - This is an ideal example of an entrepreneur because they are starting a new business and hiring workers.
- D. A musician who writes popular songs - While this shows creativity and potentially earning income, it does not represent the traditional role of an entrepreneur since they are not necessarily creating a business.
Therefore, the best answer is C. A chef who opens a new restaurant, as they align with the definition of an entrepreneur by actively engaging in the market economy to produce goods and services.
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