The correct option is D. The role of the entrepreneur in the modern economy is to generate wealth.
Entrepreneurs are crucial to market economies because they may drive the nation's economic expansion. They encourage new employment by developing new goods and services, which eventually accelerates economic growth.
What is the wealth of an entrepreneur?
The value of all the valuable assets that a person, group of people, business, or nation owns is measured as wealth. The total market worth of all held tangible and intangible assets is calculated, and all debts are then subtracted.
Entrepreneurs' innovative and improved offerings, goods, or technologies help to open up new markets and generate money. A stronger national income is also a result of the cascading impact of more jobs and higher wages, which results in more tax revenue and government spending.
Through their sheer energy, tenacious methods, and even contentious practices, entrepreneurs and the start-ups they form generate money and raise these economies' levels of competitiveness.
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