The Global Entrepreneurship Monitor Reports That the Average Amount of Capital

question 24

Multiple Choice

The Global Entrepreneurship Monitor reports that the average amount of capital that entrepreneurs use to start small businesses is about ________.

• A) $25,000
• B) $50,000
• C) $15,000
• D) $100,000

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Definitions:

Relative Poverty

A situation where an individual or group lacks basic resources for survival when compared with other people in the society as a whole; relative standard of living when measured to others.

OSAP

The Ontario Student Assistance Program, a financial aid program that offers grants and loans to help Ontario students pay for their post-secondary education.

Food

Substances consumed to provide nutritional support for the body, typically of plant or animal origin, containing essential nutrients such as carbohydrates, fats, proteins, vitamins, or minerals.

Construction

The process of building or assembling structures, such as buildings, roads, or bridges, often involving manual labor and machinery.