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What is meant by capital in entrepreneurship?

Answer and explanation

Correct answer: Money required to start and operate a business

Capital is the money or financial resources used to start and operate a venture. It may pay for equipment, materials, rent, wages, transport, promotion, and other operating needs. A customer list, advertising message, and business location may support operations, but none of them alone means capital.

Related tags

CapitalFinancial-ResourceBusinessIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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