click below
click below
Normal Size Small Size show me how
Entrepreneurship
Unit 1 Voabulary
Term | Definition |
---|---|
Aptitude | the ability to ;earn a particular kind of job |
Brainstorming | a creative group problem-solving technique that involves generating a large number of fresh ideas |
Capitalism | the private ownership of resources by individuals rather than by the government |
Command Economy | the government determines what, how, and for whom products and services are produced ` |
Consensus | an agreement among a group of people |
Demand | an individual's need or desire for a product or service at a given price |
Employees | people who work for someone else |
Entrepreneurship | the process of running a business of one's own |
Entrepreneurs | people who own, operate, and take the risk of a business venture |