Define the Following Terms Briefly and Concisely and Indicate Their

question 232

Essay

Define the following terms briefly and concisely and indicate their importance to the study of economics.
a.entrepreneurship
b.investment
c.capital
d.innovation
e.discounting

---

Definitions:

Islanders' Consent

The approval or agreement of people living on islands, often regarding decisions that affect their local governance, development, and resource use.

Cuban Spanish War

Typically known as the Spanish-American War, a conflict between Spain and the United States in 1898 that began as an intervention by the U.S. on behalf of Cuba and resulted in the U.S. gaining territories in the western Pacific and Latin America.

American Victory

A term often used to describe a successful outcome for the United States in a conflict or competition.

Roadside Bombs

Explosive devices placed or buried along roads and detonated, usually remotely, to destroy or damage military or civilian vehicles; commonly used in guerrilla warfare and terrorist attacks.