Question

how did these entrepreneurial activities evolved from their time of operation?​

Answer 1

Explanation:

Entrepreneurial activity is the enterprising human action in pursuit of the generation of value, through the creation or expansion of economic activity, by identifying and exploiting new products, processes or markets. Entrepreneurship is the phenomenon associated with entrepreneurial activity.

Answer 2

• Entrepreneurship evolves as a nation's economy grows and develops.
• Traders and merchants were the first entrepreneurs. Around 17,000 BCE, the first known instance of humans trading comes from New Guinea, where locals traded obsidian, a black volcanic glass used to make hunting arrowheads, for other needed goods.

• These early business owners traded one set of goods for another.
• History develops the ability to evaluate any situation. It broadens the leader's field of vision. It provides information about the evolution of the global economy, industry structures, and business strategies.
• It sheds light on business-government relations, technology, corporate culture, and business ethics.

Hence, Entrepreneurship is the phenomenon associated with entrepreneurial activity.

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