Discuss role of entrepreneur in the society.
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer
An entrepreneur plays a vital role in society by:
- Creating employment — generates job opportunities for others, reducing unemployment.
- Economic development — contributes to national income and overall economic growth.
- Innovation — introduces new products, services, and technologies that improve living standards.
- Resource utilisation — makes productive use of available natural, human, and financial resources.
Explanation
The source passages provided are about investment basics and do not directly cover the role of entrepreneurs. This answer is based on standard CBSE Class 10 Business Studies/Entrepreneurship curriculum knowledge. Examiners expect 2–3 clear, distinct points. Avoid writing long descriptions for each point — one crisp line per role is sufficient for a 2-mark answer.