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Is power or authority more effective in maintaining a stable society? Explain your position.
Proprietors' Profits
The earnings retained by the owners after all expenses have been deducted from the gross income of an unincorporated business.
National Income
The total value of all income earned by the residents of a country in a given period, including wages, profits, and investment returns.
Entrepreneur
An individual who organizes, operates, and assumes the risk for a business venture, often introducing innovations and facilitating economic development.
Karl Marx
A 19th-century philosopher, economist, and revolutionary socialist known for his theories about capitalism and communism.
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