Which of the following is true about American entrepreneurs?

Which of the following is not generally a personal characteristic of a successful entrepreneur?

What percentage of business owners used money of their own, or from their families, to start or buy a business?

What percentage of business owners are less than 25 years old?

An attitude is

Point at which the supply curve and the demand curve intersect. It is the point at which supply and demand are balanced

Graph that includes both a supply curve and a demand curve. It shows the relationship between prices and the quantities of a product or service that is supplied and demanded

Another name for free enterprise system

Quantity of goods and services a business is willing to sell at a specific price and a specific time

Another name for the cash and goods a business owns

Business activity in which goods and services are sent from a country and sold to foreign consumers.

Policy of ensuring that small producers in developing nations earn sufficient profit on their exported goods to improve their working, environmental, and social conditions.

Business activity in which goods and services are brought into a country from foreign suppliers.

Fee, similar to a tax, that importers must pay on the goods they import.

Governmental restriction on international trade.

Which of the following is a type of business which operates as a separate legal entity?

A _____ is the right or license to sell a company's product or service at a designated location; an example would be McDonalds.

This Business deals with selling good directly to the consumer

This Business deals with buying and selling goods in large quantities, usually from manufacturers, and then will resell smaller quantities of these goods to retailers.

Business Owned by a Single Individual