AnswersSmall Business Entrepreneurship AWhat Is the Role and Importance of Small Business Entrepreneurship in the Economy?

What Is the Role and Importance of Small Business Entrepreneurship in the Economy? Answers

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1
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Producers sell goods or services for a profit.

A
True
B
False
2
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As a family's basic needs are met, jobs are given to the people who help provide these needs. This is an example of _____.

A
demand for products
B
taxes
C
new technology
D
self-confidence
E
new business
3

Which of the following are not ways in which entrepreneurs improve the economy?

A
no taxes
B
new businesses = no new employees
C
new technology
D
self-confidence = stimulated economy
4

A financial system or budget in which there is a careful supervision of resources to prevent too much spending or excess is called a(n)_____.

A
fixed income
B
economy
C
spreadsheet
D
bank account
5

Producers buy goods or services they want or need.

A
False
B
True

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