Which type of entrepreneur aims to address societal problems using business principles?

The correct choice is the type of entrepreneur known as a social entrepreneur. Social entrepreneurs focus on creating social change by applying traditional business strategies to solve pressing social issues. They aim to balance profit-making with the pursuit of social and environmental benefits, often targeting areas such as education, healthcare, poverty alleviation, and environmental sustainability.

This approach signifies a broader commitment to social responsibility, where the primary goal is not just financial gain but also generating a positive impact on society. Social entrepreneurs often innovate and employ entrepreneurial principles to develop solutions that can be scalable and sustainable, making them distinct from other types of entrepreneurs who may prioritize personal lifestyle, corporate environments, or investment strategies without a direct focus on social impact.

The other types of entrepreneurs mentioned do not center their efforts on addressing societal problems in the same manner. Lifestyle entrepreneurs typically focus on creating a business that allows them to live a particular lifestyle, corporate entrepreneurs operate within established companies to drive innovation, and venture capitalists primarily invest in startups for financial returns without necessarily engaging with social issues directly.