Skip to content
    Economics B A-Level

    Entrepreneurship

    What Entrepreneurship means in Economics B A-Level, as defined for Pearson Edexcel.

    Definitions of Entrepreneurship

    Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.

    Check what you remember

    Read the wording for your board, then hide it and explain Entrepreneurship in your own words. Rough notes are fine. This is a self-check, with no mark or grade.

    Reference: Pearson Edexcel

    The willingness of an entrepreneur to take calculated risks in pursuit of profit.
    Pearson Edexcel · Factors of production (study guide)
    Organising factors of production to create and set up an enterprise.
    Pearson Edexcel · Role of an entrepreneur in the economy (study guide)

    Topics that use Entrepreneurship

    Related terms

    Using Entrepreneurship in the exam

    Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.

    Practise Economics B questions

    Create a free account to answer exam-style questions on this topic and get feedback on your answers.

    Start free

    A week of Premium from your first lesson · Then the free plan continues · No card, no charge

    All Economics B A-Level terms