Capitalism Focuses on

question 87

Multiple Choice

Capitalism focuses on

• A)the collective good.
• B)individual ownership and profit.
• C)equal distribution of profits.
• D)government ownership of the means of production.

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Definitions:

Entrepreneurship

The act of creating, managing, and growing a new business venture to generate profit while taking on significant financial risks.

Big Firms

Large companies that operate in various industries, characterized by their substantial market share, extensive operations, and significant influence over the market.

Personality Traits

Enduring characteristics that describe an individual's behavior, attitude, and emotional patterns.

Entrepreneurs

Individuals who start, organize, and run their own businesses, often taking on financial risks to do so.