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Vocab 1.2
Entrepreneurship
| Question | Answer |
|---|---|
| Opportunity | an idea that has commercial potential |
| Business Failure | owner usually files for bankruptcy- loses money |
| Discontinuance | purposely discontinued by owner |
| Start-Resources | Capital, skilled labor, legal and financial advice, management expertise, facility, equipment |
| Enterprise Zones | An impoverished area in which incentives such as tax concessions are offered to encourage investment and provide jobs for residents |