Question

An undertaking or adventure involving uncertainty and risk and requiring innovation. Answer in a word / phrase / term.

Answer 1

An undertaking or adventure involving uncertainty and risk and requiring innovation.Answer is: entrepreneur.

Entrepreneurs play a vital role in the development of a  country. They are the backbone of the economy of a   country as well as economic progress.

Entrepreneurs are innovative in character they act as the owners, production makers, coordinator, Marketing expert, decision maker, and risk takers.

They organize land, labour, and capital to provide much needed economic services to society and therefore are referred to as the fourth production factor.