Page 319 - 9 teachers social book 9 @ 2077 ctp_Neat

Open-minded: Entrepreneurs are open-minded. They have the ability to look
around and focus towards their goal. They realize that every moment and
situation is a business opportunity.
Self-starter: Entrepreneurs are very active. They know what they need to do and
they start themselves. They do not wait for someone to give them permission.
Passion: Business is the passion of successful entrepreneurs. They genuinely
love their work. The believe in doing research and create new ideas to make
their business better.

The Benefits of Entrepreneurship

Some of the benefits of entrepreneurship are given below:
i. If entrepreneurship develops, then it helps to increase the economic activities at
large scale.
ii. The capital rises when enterprises start to increase.
iii. The entrepreneur always seeks new ways and methods of enhancing the quality
of the goods or services of the enterprises. Hence the quality of the goods and
services increases.
In this way entrepreneurship paved way to economic enhancement and transformation
of one’s individual life society and the nation.

Activity

Prepare a picture collage of entrepreneur subjected to different field.

Exercise

Answer the following questions:

1. Define entrepreneurship. Also, differentiate between entrepreneurs and
entrepreneurship.
2. Explain the good qualities of an entrepreneur. Make a list and explain them
briefly.
3. What are the benefits of entrepreneurship? Mention them.
4. Prepare a plan to provide necessary job oriented trainings to the youths of your
community in order to make them successful entrepreneurs.

Community Work
Consult with an entrepreneur of your community or district, your teacher and guardians
and identify the procedures to be an entrepreneur. On the basis of your findings,
prepare a plan to involve yourself in entrepreneurship.

319 Dynamic Social Studies - Book IX