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Entrepreneurship

Unit 1 Voabulary

TermDefinition
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
Created by: bryant12345
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