IDs and Paired-Concept Questions

question 18

Short Answer

IDs and Paired-Concept Questions
These terms can be used individually as short-answer identification questions, or they can be used in pairs. In the latter case, ask students to explain (1) the meaning and significance of each of the two terms and (2) the relationship between them.
-Global exchange,high-income nations

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Definitions:

Entrepreneur

A person who creates, organizes, and manages a business venture, taking on financial risks in hopes of profit.

Early Majority

A term used in the diffusion of innovations theory to describe the first significant segment of the population to adopt a new product or innovation after the early adopters.

Crossed The Chasm

A concept describing the transition of a technology product from early adoption to widespread acceptance and use in the mainstream market.

Bottom-up Analysis

An approach that starts with specific details and flows upwards to identify broader trends and patterns.