In Order to Prosper, Entrepreneurs Must

question 150

Multiple Choice

In order to prosper, entrepreneurs must

• A) undertake projects that create wealth and increase the value of resources.
• B) find ways to prevent technological change.
• C) have their own wealth with which to finance projects that they want to undertake.
• D) undertake projects that use resources that are more valuable than is the output they produce.

---

Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.