Direction: Read the passage carefully and answer the questions that follow.

Entrepreneurship means different things to different people. However, in spite of the differences, there are some common aspects. In 1961, Schumpeter defined an entrepreneur as a "dynamic agent of change; or the catalyst who transforms increasingly, natural and human resources into corresponding production possibilities." 

Entrepreneurship has become the focal point in the last two decades. There is a growing awareness that economies of developing countries are not able to provide jobs for the whole workforce. Under the circumstances, self-employment or entrepreneurship offers perhaps the best opportunity for gainful use of one's own capabilities and time. The government has taken an increasing interest in promoting the growth of entrepreneurship. Individuals are encouraged to form new business and are provided government support. Entrepreneurship is not a matter of heritage. Any individual born in any caste, community or class can start his/her own small-scale enterprise. This is particularly true for science and technology graduates, and diploma holders who have a natural aptitude for grasping technicalities involved in the production process.