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chapter 2 vocab

QuestionAnswer
competition is the rivalry among businesses for consumer dollars
investment is the amount of money a person puts into their business as capital
capital includes buildings,equipment,tools, and other goods needed to produce a product or the money used to buy these thing
role model a person whose attitudes and achievements they tried to emulate
foundation skills are skills that entrepreneurs use regularly in setting up and running a business
profile is a set of characteristics or qualities that identifies a type or category of person
achiever is a person with a record of successes
Created by: chasefinch24
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