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key terms

TermDefinition
Entrepreneur An individual who: invents, develops, & distributes a good or provides a service; assumes the risk of starting & building a business; & receives personal & financial rewards for her/his efforts
Private Enterprise/ free enterprise An economic system in which individuals & groups, rather than the government, own or control the means of production- the human & natural resources & capital goods used to produce goods & services
Small business A business that employs 500 or fewer people
Created by: destiny.s904
Popular Business sets

 

 



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