Entrepreneurship and Enterprise

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  • Created by: Lauran
  • Created on: 02-05-13 19:53
What is an entrepreneur?
An Individual who takes the risk to create/start a new business/project
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What is entrepreneurship?
The skill needed to make a new idea work
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What is the definition of opportunity cost?
The benefits that could have been gained from an alternative project that has been given up
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What are the benefits of entrepreneurship?
-Create jobs -Earn money and pay taxes -Create competition -More choice and better service for consumers
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How does the government help entrepreneurship?
-Giving advice -Funding -Legal protection
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Other cards in this set

Card 2

Front

The skill needed to make a new idea work

Back

What is entrepreneurship?

Card 3

Front

The benefits that could have been gained from an alternative project that has been given up

Back

Preview of the back of card 3

Card 4

Front

-Create jobs -Earn money and pay taxes -Create competition -More choice and better service for consumers

Back

Preview of the back of card 4

Card 5

Front

-Giving advice -Funding -Legal protection

Back

Preview of the back of card 5

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