Final answer:
Most successful entrepreneurial ventures rely on a unique selling proposition, not just easily imitated resources, which is false. Also, comparative advantage does not solely result from natural elements, making this statement false. Lastly, the market revolution did bring about social and economic changes in the U.S, which is true.
Step-by-step explanation:
False: Most successful entrepreneurial ventures are not typically based on resources that are easily imitated. Successful businesses often have a unique selling proposition (USP), which provides them with a competitive advantage that is difficult for competitors to replicate. This can include proprietary technology, brand reputation, unique business models, or even exceptional customer service.
The idea that competitive advantage must come from natural elements like climate and mineral deposits is also false. While natural resources can indeed be a source of comparative advantage, it is not the only source. Comparative advantage can arise from various factors including technological innovation, skilled labor force, and advanced infrastructure, which can lead to more efficient production of goods or services, and thereby confer economic benefits.
Regarding the market revolution, it is true that it brought significant social and economic changes to the United States. It involves a series of innovations in transport and communication, and transformations in the production and distribution of goods that substantially altered the American economy.