Directions: Choose the correct answer from the options under each item. Write the letter of the correct answer in a sheet of paper. 1. Which of the following best describe entrepreneurship? a. has the capacity for innovation, investment and creation of markets, products and techniques b. empowers citizens, generates innovation and changes mindsets c. creates employment d. a, b, and c 2. The state of being employed or having a job refers to a. job creation b. employment c. occupation d. entrepreneurship 3. Every activity that an individual undertake in and out of the school prepares one to be productive in the future. A productive individual is one who is a. able to make a living for himself out of his own effort b. able to transforms ideas into productive endeavor c. able to influence others to engage in business d. a and b 4. What happens when entrepreneurial activities slow down? a. Unemployment b. Improve quality of life c. Increase tax revenues d. Even distribution of income 7 5. Which of the following is the index of entrepreneurship? a. Developing a small elite class b. transforming ideas into economic opportunities c. searching, identifying and developing raw materials d. innovating and developing new products and services
