Entrepreneurs Are Important Because They

question 84

Multiple Choice

Entrepreneurs are important because they

• A) make and spend lots of money.
• B) are good at making decisions.
• C) take risks to start new businesses.
• D) are usually better managers than non-entrepreneurs.
• E) sell shares of stock to investors.

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Definitions:

Leveling Mechanism

A cultural obligation compelling prosperous members of a community to give away goods, host public feasts, provide free service, or otherwise demonstrate generosity so that no one permanently accumulates significantly more wealth than anyone else.

Task Specialization

A process in which different individuals or groups within a community or organization focus on specific tasks or roles, contributing to efficiency and expertise development.

Postindustrial Societies

Societies characterized by an economy focused on services and technology rather than on industrial production.

Gender Divisions

The social, economic, and cultural distinctions and roles assigned to people based on their perceived or actual sex or gender identity.