Entrepreneurship Functions Better When

question 203

Multiple Choice

Entrepreneurship functions better when

• A) the government performs the entrepreneurial function.
• B) there is a well-defined property rights system.
• C) saving is relatively low.
• D) most of the population has low levels of education.

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Definitions:

Ideology

The system of attitudes, beliefs, ideas, perceptions, and values that shape the reality of people in society. Ideology does not simply reflect reality as it exists but shapes reality to favor the interests of the dominant class.

Taxation

The system through which a government levies financial charges on its citizens or residents to fund public expenditure.

Hegemony

The struggle over the establishment of certain meanings and ideas in society. A group maintains hegemony when it is able to create a worldview that other people and groups actively support, even though that worldview may not be in their interests. Hegemony operates when the taken for granted system of meanings that everyone shares functions in the best interests of the dominant group.

Ethnographic Study

is a qualitative research method focused on the systematic study of people and cultures from the perspective of the subject or community, often through participant observation.