

Economics
Flashcard
•
8th Grade
•
Practice Problem
•
Hard
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26 questions
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1.
FLASHCARD QUESTION
Front
An entrepreneur must do all of these EXCEPT.... create a business plan, establish protocols that will generate a profit, Get permission from the Federal Bureau of Investigation
Back
Get permission from the Federal Bureau of Investigation
2.
FLASHCARD QUESTION
Front
For an entrepreneur to avoid making a loss they must innovate in all of the following ways EXCEPT....
reducing the cost of providing goods and services,
attempt to improve product quality and service,
attempting to place their family in positions of power
Back
attempting to place their family in positions of power
3.
FLASHCARD QUESTION
Front
Raw Materials are considered factors of production.
Back
True
4.
FLASHCARD QUESTION
Front
This GA entrepreneur owns the Home Depot, Falcons, and Atlanta United.
Back
Arthur Blank
5.
FLASHCARD QUESTION
Front
Match this definition to the term: the amount of money an entrepreneur or business earns after paying their expenses.
Back
Profit
6.
FLASHCARD QUESTION
Front
Match this definition to the term: a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so
Back
entrepreneur
7.
FLASHCARD QUESTION
Front
How does Georgia's business infrastructure help Agriculture be a leading industry?
Back
by helping provide the means to get agriculture goods to market faster
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