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Study with Quizlet and memorize flashcards containing terms like Adolf Dassler, Alexander Graham Bell, Andrew Carnegie and more.
Start studying FLVS Economics Entrepreneurs. Learn vocabulary, terms, and more with flashcards, games, and other study tools.
Halloween Economics. Get a hint. adam smiths metaphor of what drives individual market participants in a free market economy. Click the card to flip 👆.
6 Νοε 2019 · Why are entrepreneurs important for the economy? Their role in innovation, efficiency and responding to changing demand. What motivates entrepreneurs?
Study with Quizlet and memorize flashcards containing terms like the phases of the business cycle, An economic shock for an economy refers to the general situation where:, If prices are "sticky" in an economy, then the economy will respond to demand shocks primarily through changes in and more.
entrepreneur. an individual who undertakes the creation, organization, and ownership of an innovative business with the potential for growth. venture a new business undertaking that involves risk. entrepreneurship. the process of recognizing or creating an opprotunity, testing it in the market, and gathering the resources necessary to go into ...
In The Economics of Entrepreneurship, Simon C. Parker draws on theoretical insights and recent empirical findings to show how economics can contribute to our under-standing of entrepreneurship.
