entrepreneur is captain of industry Who said this statement
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The statement was used by renowned Scottish philosopher Thomas Carlyle in his book Past And Present.
Captains of industry are kind hearted businessmen who use their wealth to bring out the best products in the society.
Some Industrialists are called captains of industry because of their Remarkable contribution in the lives of their society and the entire world.
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The statement “Entrepreneur is captain of industry” was given by Thomas Carlyle.
Explanation:
- The statement was given by him in his famous book “Past and Present”. He was a famous philosopher who belonged to Scotland.
- Entrepreneurs are addressed as captain of industry as they are kind-hearted businessmen who use their capital to give the best products to society.
- In 19th century, the products developed by industrialist in order to serve mankind so some industrialists were called captains of the industry.
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