Which statement is true?
A)Entrepreneurial ability is considered a passive resource.
B)All entrepreneurs are inventors.
C)The entrepreneur has been the central figure in the long economic success in the U.S.
D)The basic payment made to the owners of capital is rent.

Question

Quizplus · Accepted Answer

The statement that "the entrepreneur has been the central figure in the long economic success in the U.S." is true. Throughout American history, entrepreneurs have been responsible for creating new businesses, products, and industries that have driven economic growth and innovation.

The other statements are false or misleading. Entrepreneurial ability is not considered a passive resource but an active skill set that involves taking risks and creating value. Not all entrepreneurs are inventors; many successful entrepreneurs simply identify a gap in the market, develop a sustainable business model, and execute their ideas effectively. Finally, the basic payment made to the owners of capital is not rent, but rather interest or dividends.

Which Statement Is True