Why is entrepreneurship considered risky?

(1 point)
Responses

Entrepreneurs often risk their own time and money investments in creating a new business
Entrepreneurs often risk their own time and money investments in creating a new business

Entrepreneurship guarantees profits
Entrepreneurship guarantees profits

Entrepreneurs never have to invest their own time or effort.
Entrepreneurs never have to invest their own time or effort.

The government does not encourage entrepreneurship because it does not benefit the economy

Entrepreneurs often risk their own time and money investments in creating a new business, and there is no guarantee of success. Market conditions, competition, and other external factors can also impact the success of a new venture. Additionally, entrepreneurs may face challenges such as lack of resources, uncertainty, and the need to continuously adapt to changing circumstances. Overall, entrepreneurship is considered risky because of the inherent uncertainty and potential for financial loss.

a b c or d

A. Entrepreneurs often risk their own time and money investments in creating a new business