Innovation

Creating new ideas, products or methods:

• Inventiveness

• Individualization

• Extrapolation

• Innovation

A person who invests money in new and innovative businesses is called:

• An entrepreneur

• A stock broker

• A venture capitalist

• A banker

___________are the engines of innovation that bring new ways of organizing land, capital and labor to produce new goods and services.

• Entreprenuers

• Laborers

• Robber Barrons

• Franchises

What is it called when a person has an idea that they act on, usually to disrupt the current market with a new product or service 

• Entrepreneurship

• Financing

• Hustling

• scalable start-up

A person who organizes resources to bring a new or better good or service to market in hopes of earning a profit is ___.

• an inventor

• an entrepreneur

• an abolitionist

• a suffragist

a new method, idea, or product

• pilgrimage

• heliocentrism

• Innovation

• manipulation

a new method, idea, product

• Stagnation

• Revolution

• Improvement

• Innovation

What is Silicon Valley known for?

• Agriculture

• High technology and innovation

• Tourism

• Manufacturing

What is the process of translating an idea or invention into a good or service that creates value or for which customers will pay?

• A) Innovation

• B) Imitation

• C) Fabrication

• D) Simulation

Which of the following is a key characteristic of innovation in social studies?

• A) Static processes

• B) Incremental changes

• C) Creative destruction

• D) Predictable outcomes