Free Enterprise: Benavidez

1) In Business what does capital mean

• Capital refers to the physical location of a business.
• the money or resources a business uses to operate and grow

2) What does to invest mean?

• To invest means to spend money on personal luxuries.
• To invest means to save money for future use.
• means using your money or borrowed money to try and make it grow bigger over time

3) How does advertising help sell Jonathas Hats

• Advertising only targets existing customers.
• Advertising has no impact on sales of Jonathas Hats.
• Advertising helps sell Jonathas Hats by increasing visibility and attracting customers.

4) Match Free Enterprise Topics

Groups:

(a) Investors

,

(b) Product

,

(c) Taxes

,

(d) advisement

• compliance with tax regulations
• driving competition among businesses. 

• conducting market research
• information about goods and services

• developing new features
• understanding tax deductions
• unding businesses and taking risks to try and make a profit

• providing capital to startups

5) Here is an example of shoes companys thats are in competition today. Identify the different brands of sneakers in the image.

a

b

c

d

e

f

g

h

Vans

Salomon

Adidas

Celine

Converse

Asics

Nike

New Balance

6) In free enterprise what does competition do

• lower prices, better quality products, and a wider variety of choices

• Competition decreases product variety and choice.

7) What makes people pay more for certain brands than others? at least a 2 sentence answer

8) Which establishment has the best price for the Ipod nano. Which should help them sell more of the product.

9) What are the examples of free enterprise mentioned?

a

b

Tech Startups

HEB

Farmers' Markets

Walmart