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Which of the Following Words Means an Amount of Money

question 10

Multiple Choice

Which of the following words means an amount of money or credit furnished in anticipation of repayment?


Definitions:

Division of Output

The allocation of the total quantity of goods or services produced among various consumers or markets.

Central Planning

An economic system where the government makes all decisions on the production and distribution of goods and services.

Freedom of Enterprise

the ability of individuals to start and manage their own businesses without undue restriction or interference.

Entrepreneurs

Individuals who start, organize, manage, and assume the risk for a business or enterprise, often introducing new products or services to the market.

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