The Person Who Takes the Risk of Starting and Managing

question 31

Multiple Choice

The person who takes the risk of starting and managing a business to make a profit is called a(n) :

• A)entrepreneur
• B)venture capitalist
• C)capitalistic adventurer
• D)franchiser
• E)ultra capitalist

Understand the concept of budget surplus and deficit alongside their causes.

Recognize the historical context and current trends in tax burden in the United States.

Identify the major sources of government revenue and their significance.

Understand the impact of demographic changes on government spending.

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Definitions:

Hierarchy

A system of organization where entities are ranked one above the other based on their status, authority, or some other criterion.

Emotional Intelligence

Ability to recognize, understand, manage, and utilize one's own emotions and the emotions of others effectively in interpersonal relationships.

Required Emotions

Emotions that individuals are expected to display in certain situations or roles, often dictated by social or professional norms.

True Emotions

Authentic feelings that reflect an individual's genuine emotional state, without pretense or suppression.