Free Enterprise System

What is a corporation?

• a business

• a small business

• large business owned by investors

• a group of businesses

What is a monopoly?

• company that has control of the entire industry

• a board game

• owning expensive businesses

• having lots of money

You can buy stock in McDonald's.

• True

• False

An entrepreneur is someone who takes a risk to start a business.

• True

• False

McDonald's is an example of a corporation.

• True

• False

Urbanization means that cities get smaller.

• True

• False