
Chapter 26 Entrepreneurship, Owning the Future
Authored by Shamil Teacher
Social Studies
12th Grade

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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which one of the factors of production is this?
capital
entrepreneur
land
labor
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
a person who starts a new business with the goal of making money
enterprise
chronometer
entrepreneur
colony
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the factor of production called that is responsible for coordinating all other factors of production in order to make goods and services?
Entrepreneur
Land Resource
Labor Resource
Capital Resource
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the primary role of an entrepreneur in a market economy?
To provide labor
To manage financial accounts
To innovate and drive economic growth
To regulate market prices
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is a characteristic of successful entrepreneurs?
Risk aversion
Inability to adapt
Innovative thinking
Dependence on others
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a common challenge faced by entrepreneurs when starting a new business?
Excessive government support
Lack of competition
Securing funding
Too many employees
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following best describes a 'startup'?
A large, established corporation
A new business venture
A government agency
A non-profit organization
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