_______ Try to Make a Profit by Taking Advantage of Price

question 20

Multiple Choice

_______ try to make a profit by taking advantage of price differentials between the futures markets or different markets.

• A) Hedgers
• B) Arbitrageurs
• C) Speculators
• D) Traders

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Definitions:

Entrepreneurship

The activity of setting up a business or businesses, taking on financial risks in the hope of profit.

Economic Independence

The state of having sufficient personal wealth to live, without needing to work actively for basic necessities, allowing individuals or nations to have control over their financial future.

Visible Minorities

Refers to persons, other than Indigenous peoples, who are non-Caucasian in race or non-white in color and are recognized in certain jurisdictions for policy and diversity planning.

Self-Starters

Individuals who are motivated and begin or proceed with tasks without requiring external encouragement or pressure.