Final answer:
Modern day political entrepreneurs include figures like Ross Perot and Donald J. Trump, who utilized their personal resources and media to influence politics, whereas market entrepreneurs such as Bill Gates and Steve Jobs have fostered technological innovations that transformed global markets and lifestyles.
Step-by-step explanation:
Modern day political entrepreneurs include figures like Ross Perot and Donald J. Trump, while market entrepreneurs can be exemplified by Bill Gates and Steve Jobs. These individuals have significantly influenced both political spheres and global markets through entrepreneurship and innovation.
In the context of a liberal market economy, entrepreneurs drive change and innovation, creating products and services that reshape how we live. Market entrepreneurs like Bill Gates and Steve Jobs have leveraged the opportunities provided by the liberal economy to create technology that transformed personal computing and communication, amassing significant wealth and global impact. Political entrepreneurship, while different in its nature, involves similar levels of innovation within the political realm. Ross Perot and Donald J. Trump are examples of political entrepreneurs who broke away from traditional party politics, leveraging media and personal wealth to influence political discourse.
Both forms of entrepreneurship thrive in an environment that encourages risk-taking and rewards innovation, whether in the market or political sphere. The success of these entrepreneurs depends on their ability to disrupt existing systems and offer novel solutions that address the needs and challenges of society. Hence, these individuals are not just creating wealth or power for themselves; they are often pivotal in driving forward economic and political landscapes.