What is a company?

Since the earliest moments in human history, humans have been ..... to create wealth and gain access to goods and services in various markets.

• selling and buying

• cooperating and trading

• working and losing

• dreaming and hoping

In this fashion, a hunter ..... meat for a stone tool or two farmers ....... corn for carrots. In short, people .... business in a personal capacity.

• traded / exchanged/conducted

• sold/ bought/ directed

• bought/ left/ did

• commercialised/ sold / carried

As humanity left behind the dark ...... and launched itself into the ......, all sorts of scientific discoveries and technological advances emerged.

• Modern Times / Ancient times

• Ancient Times/ Modern Times

• Industrial Revolution/ Middle Ages

• Middle Ages / Industrial REvolution

...... generations (up to this point) was a function of how much land you happened to own and how many ..... peasants you could make work the land.

• Poor / wealthy

• Wealthy /poor

• Wealthy / rich

• Poor / destitute

New wealth was generated by Trade and by the ..... to invent new technologies (like the steam engine, the rail, the industrial machine, the industrialization of agriculture).

• pursuit entrepreneurial

• pursuited entrepreneur

• entrepreneur pursuited

• entrepreneurial pursuit

How would a man, as rich as he might be, take upon himself the ....... associated with a large scale rail track laying company or risk all his fortune by sending trade ships to India to bring the black pepper - also known as the black gold - to Britain, when pirates might bankrupt the whole thing?

• shares

• liabilities

• assets

• investments

In short, the business became a high-...., high-....., and high-.... proposition to what used to exist in past, agricultural ages. We owe the Idea and tool of a Company, as we know it today, to a couple of wig-wearing lords in 1896 in the British House of Lords and a bootmaker named Solomon.

• money/loss/profit

• risk/investment/ return

• asset/company/

  dividend

• return/luck/danger