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Answer :
Final answer:
The chef opening a new restaurant is the best example of an entrepreneur, as they take risks to start a business and hire workers to provide services. Other options fail to meet the criteria of entrepreneurship. An entrepreneur is a person who produces goods or services to earn profits.
Explanation:
Identifying an Entrepreneur
In the context of economics, an entrepreneur is defined as a person in a market economy who hires workers and purchases resources to produce goods and services. Given the options provided, we need to determine which individual best fits this definition.
Analysis of Options
- A. A truck driver who gets a pay raise - This individual is an employee and is not taking risks to create a business, so they do not qualify as an entrepreneur.
- B. A musician who writes popular songs - While creative, this musician may not be producing goods or services in the economic sense without a proper business model.
- C. A doctor who completes medical training - Completing training does not constitute entrepreneurship; this person is still within the employee structure.
- D. A chef who opens a new restaurant - This chef is taking the initiative to start a business, hire staff, and provide a service, which perfectly aligns with the definition of an entrepreneur.
Therefore, the correct answer is D. A chef who opens a new restaurant. They exemplify what it means to be an entrepreneur by actively engaging in business.
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