_____ Is the Founder of Amazon

question 2

Multiple Choice

_____ is the founder of Amazon.

• A) Sam Walton
• B) Jeff Bezos
• C) Eric Koger
• D) Nick Swinmurn
• E) Nick Robertson

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Definitions:

Entrepreneurship

The act of creating, organizing, and running a new business venture, often taking on financial risks in the hope of profit and innovation.

Specialization

The process by which individuals, firms, or countries concentrate on producing a narrow range of goods or services, often to increase efficiency and output.

Economic System

The organized way in which a country or a society allocates its resources and apportions goods and services in the national community.

Fundamental Questions

Basic questions that economies face regarding what to produce, how to produce, and for whom to produce, based on limited resources.