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A person who managed large project was termed as the entrepreneur in the ______. -

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Question

A person who managed large project was termed as the entrepreneur in the ______.

Options

  • Earliest period

  • Middle ages

  • 17th century

  • 19th and 20th century

MCQ

Solution

Middle ages

Explanation - 

The term entrepreneur was used to designate both actors and people in charge of huge production undertakings at the time. This person did not take any chances in such massive production initiatives, instead managing the project with the resources available. The cleric who oversaw architectural projects was a typical entrepreneur.

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Concept of Entrepreneurship Development
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