Final answer:
An entrepreneur is someone who starts a new business, taking on financial risks with the aim of earning profits through innovation and management of resources.
Step-by-step explanation:
A entrepreneur is a person who establishes a new enterprise or business and assumes financial risks in the hope of gaining wealth. This individual is a risk-taker who innovates, creating new products or finding better ways to offer services. Entrepreneurs are also responsible for organizing the other productive resources and may invest their own money into the business, often being the original source of funding for small businesses. They calculate the risks carefully and, if successful, they contribute significantly to the economy by providing new or improved products and services.