Economic Forces Impact the Opportunities Available to Entrepreneurs

question 53

Multiple Choice

Economic forces impact the opportunities available to entrepreneurs. Which of the following alternatives reflects a set of economic forces that would be of interest to entrepreneurs?

• A) level of disposable income, new uses of old technologies, and new laws and regulations
• B) new technologies, consumer spending patterns, and new laws
• C) level of disposable income, consumer spending patterns, and level of interest rates
• D) social and cultural trends, level of interest rates, and what people think is "in"
• E) new changes in political areas, new laws, and level of disposable income

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Definitions:

Socialization

The process by which individuals learn and internalize the values, beliefs, and norms of their society, becoming functioning members of that society.

Human Personality

The combination of emotional, attitudinal, and behavioral response patterns of an individual, distinguishing one person from another.

Life Course

The sequence of significant events, experiences, and transitions in an individual's life from birth to death.

Repress Memories

Repress memories involves unconsciously blocking out memories of traumatic or distressing events as a psychological defense mechanism.