Assertion: Entrepreneurship development is regarded as a deliberate process of making people aware of entrepreneurship as a career at an early age and creating situations where they may actually make a choice to become entrepreneurs.
Reasoning: Entrepreneurship is regarded as one of the three major factors of production, the other being labour and capital.
Answer & explanation
Correct answer: option 3
The correct answer is option 3- Assertion (A) is true but Reasoning (R) is not correct.
Entrepreneurship is regarded as one of the four major factors of production, the other three being land, labour and capital.