At the dawn of industrialization, why were entrepreneurs important to changing economies in Europe? Check all that apply.

They started a number of new businesses.

They improved on the available technology.

They fought to eliminate government control.

They developed new products and inventions.

They invested money in new businesses.

Question

Timothy Kirk

History

30 October, 04:44

At the dawn of industrialization, why were entrepreneurs important to changing economies in Europe? Check all that apply.

They started a number of new businesses.

They improved on the available technology.

They fought to eliminate government control.

They developed new products and inventions.

They invested money in new businesses.

+5

Answers (2)

Know the Answer?

Vernon · Answer 1

They improved on availability technology

They developed new product and inventions

Bobbie · Answer 2

The correct answers are A) they started a number of new businesses, B) they improved on the available technology, D) they developed new products and inventions, and E) they invested money in new businesses.

Entrepreneurs played a key role in transforming the economies of the countries in Europe. They were the ones who wanted to invest in new business, created new jobs, and risks their money in new ventures. That allowed countries such as Great Britain and France to become powerful nations through a solid economy, the use of technology to discover new things, and the rate of employed people that pay taxes.

So yes, at the dawn of industrialization, entrepreneurs were important to changing economies in Europe in that they started a number of new businesses, they improved on the available technology, they developed new products and inventions, and they invested money in new businesses.