Economics A-Level
Entrepreneurship
What Entrepreneurship means in Economics A-Level, as defined for AQA.
Definition of Entrepreneurship
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: AQA
The role of entrepreneurs in a dynamic market who introduce superior products or more efficient production methods.
Topics that use Entrepreneurship
Related terms
- Allocative efficiency
- Consumer surplus
- Dynamic efficiency
- Innovation
- Monopoly power
- Non-price competition
- Productive efficiency
- Technological change
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.
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