Final answer:
An entrepreneur is a risk-taker who organizes resources to produce goods or services. They take calculated risks and work towards gaining a position in the marketplace.
Step-by-step explanation:
An entrepreneur is a person who takes on the role of a risk-taker and organizes the other productive resources to produce a good or service. They are willing to invest their own money and calculate risks carefully before starting a business or launching a product.
For example, an entrepreneur may come up with a new and improved product, or find a better way to provide a service. They are willing to take risks and work towards gaining a position in the marketplace. If successful, entrepreneurs can achieve financial success and contribute to innovation in the market.