Long Text (essay)
Journal: Please respond to the following:

Why do you think entrepreneurship is important to the economy?

Answers

Answer 1
Entrepreneurship is important for a number of reasons, from promoting social change to driving innovation. Entrepreneurs are frequently thought of as national assets to be cultivated, motivated, and remunerated to the greatest possible extent. In fact, some of the most developed nations such as the United States are world leaders due to their forward-thinking innovation, research, and entrepreneurial individuals.

Great entrepreneurs have the ability to change the way we live and work, on local and national bases. If successful, their innovations may improve standards of living, and in addition to creating wealth with entrepreneurial ventures, they also create jobs and contribute to a growing economy. The importance of entrepreneurship is not to be underappreciated
Answer 2

Entrepreneurship is important to the economy as they act as a support system in the growth of the economy.

What is entrepreneurship?

A person who has a strong interest in conducting business based on creativity and technology and who is willing to take risks in order to improve the lives of others is referred to as an entrepreneur. This is the process that is known as entrepreneurship.

The ratio of annual production to annual consumption, as well as the analysis of an individual's purchasing power, serve as the primary indicators of a nation's economic health.

By developing new goods and services, businesses encourage the creation of new jobs, which lowers the nation's unemployment rate and raises people's spending power, both of which has the net effect of speeding up economic growth.

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Related Questions

why is a higher interest rate important when saving money
(A) it pays interest on principal and interest
(B) it means a person will owe the bank less over time
(C) it grows savings at a faster pace
(D) it requires a lower amount be deposited each month

Answers

Answer:

C.

Explanation:

I believe it is C. because I'm pretty sure its talking about the interest which is where you receive some money from the bank for keeping you money there or whatnot.

The correct option is (C). it grows savings at a faster pace is a higher interest rate important when saving money.

A higher interest rate means that the saver will earn more interest on their savings, which will grow their savings at a faster pace.

Option (A) is incorrect because interest is only paid on principal, not on interest.

Option (B) is incorrect because a higher interest rate will not mean that a person will owe the bank less over time.

Option (D) is incorrect because a higher interest rate does not require a lower amount to be deposited each month.

Here is an example to illustrate this point. Let's say you have $1,000 in a savings account with an interest rate of 1%. After one year, you will have earned $10 in interest.

If the interest rate on your savings account were 2%, you would have earned $20 in interest after one year. Therefore, a higher interest rate will help your savings grow at a faster pace.

A higher interest rate will help your savings grow at a faster pace because you will earn more interest on your savings.

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Subject: Accounting
Please answerr

On 1 May Sally owed William $400. On 21 May she purchased goods, list price $1440, subject to a trade discount of 25%. She returned one third of these goods on 24 May.How much did Sally owe William on 31 May? Include working.
A $630 B $720 C $1030 D$1120


Answers

Answer:

D) $1120

Explanation:

The goods Sally purchase were $1440, and with the 25% discount, she would have paid $1080, because 25% of $1440 is $360. Since she returned 1/3, she would have only spent $720, because $1080/3 is also $360. $720+$400 from the beginning would be $1120

Answer:

l believe the answer is a

Do you think the ad will change women’s purchasing habits when it comes to shampoo? Explain.

Answers

Answer:

Depends on the product

Explanation:

Women love different scents, but they prefer ingredients that destroy the dryness from their hair, so if, let's say. a brand like TRESemme Shampoo and Conditioner starts putting heathier ingredients into it, and will put a box onto the bottle commonly on the back with words that read "TRESemme Keratin Smooth Shampoo contains natural keratin which strengthens hair and makes it unbelievably smooth.. It can even make your chemically-treated and damaged hair as smooth as before!" this can influence women's thought's to buy this product, so yes, yes an ad can influence a women's purchasing habits'.

Long story short: yes

Where do most banks get the text to explain their calculations of interest?

Answers

Answer:

Schumer box/Truth in Lending Act

Explanation:

Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,

Answers

The answer would be D

am I correct or not? lmk​

Answers

Answer: the answer is actually event marketing I only know that because when I was in normal schooling we played Quizlet all the time

Lenders look at the credit score of a loan applicant in order to _____.
a.
verify the applicant’s annual gross income
b.
ensure that the applicant is financially responsible
c.
ensure that the applicant’s credit score is as high as possible
d.
see what types of loans the applicant has applied for in the past


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

B

Explanation:

because they make sure you are responsible and careful with money

The correct option is b. ensure that the applicant is financially responsible.

Credit score:A credit score refers to the numerical expression depend upon a level analysis of a person's credit files, for presenting the creditworthiness of an individual. So for looking at the credit score, the applicant should be responsible financially.

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You are in charge of purchasing supplies for a lighting company and need to buy 125 feet of electrical wire. A local supplier sells the wire for $1.25 per foot, plus 5% sales tax. An online company sells the wire for $1.75 per foot. The online company also offers a rebate of 10% for the whole order and charges no additional sales tax. If you choose the better of the two prices, how much will you pay for the 125 feet of wire?

Answers

Answer:

$164.06 for the 125 feet

Explanation:

total costs from brick and mortar store = ($1.25 x 1.05) x 125 feet = $164.06

total costs from online store = $1.75 x (1 - 10%) x 125 feet = $196.88

after you compute the total costs per store, you should purchase the electrical wire from the brick and mortar store

Businesses and _____________________ are accepting greater environmental

Answers

Avoiding, reducing, reusing and recycling can lower your costs. For example, a few simple changes to how you deal with paper can involve your staff in environmentally friendly processes while saving you money:

avoid using materials unnecessarily
reduce your paper needs by asking staff to print double-sided
reuse by encouraging staff to use scrap paper for message-taking instead of purchasing message pads
recycle by shredding excess paper - you could recycle this commercially or invite staff to take it home for their compost or mulch heaps.

Samantha makes $250.00 a week and saves 10% of her paycheck each week. How much will she save in 12 months

Answers

Answer:

300

Explanation:

You have to find 10% of 250(25 ofc) Then multiply that(25) By 12

Khalil is a network engineer for a bank with branches all over the world. Why would Khalil’s position be very important to his company?

FASTTT

Answers

Answer:

Their role is important because they plan, construct, and manage networks to ensure they're optimized and functioning as intended. They're responsible for the foundation of an organization's IT system.

Explanation:

Answer:

Khalil’s position is indeed very important at his job. First of all, his job consists of working with computers, servers, network devices and other devices that are connected to one another. Devices that are connected to each other allow data to be shared, at Khalil’s job this is very important because the bank that he works for has branches all over the world and it is a key for the company to have good communication between all of the banks. Careers like Khalil’s are extremely important in our society today because of the fact that most of the communication in today’s jobs and schools is done virtually. Without network engineers our society would not function as is does now.

this is what i get for missing online lessons haha

Answers

Answer:

22.28%

Explanation:

As per the pie chart

Variable costs:  £2,150.00

Fixed costs £7,500.00

Total weekly costs = variable costs + fixed costs

= £2,150.00 +£7,500.00

=£9,650

Variable costs as a percentage of weekly costs

= £2,150/£9,650 x 100

=22.279792%

=22.28%

Sonic The Hedgehog has 5 lawn mowers, and wants to get rid of all of them, how does he sell his lawn mowers? Why?

Answers

Answer:

First why does he have 5

he can easily do it on his own since he's fast I think that's why but that doesn't explain why he has 5 lawnmowers

Script between manager and customer while returning a product? ​

Answers

Answer:The principal thing you need to do when there's any issue, paying little heed to who's to blame, apologizes and pass on sympathy. You need to help settle their issue, yet you likewise need to ensure that their interests are heard and perceived. The contents underneath will cover the fundamental issues of value blunders, request misunderstandings, and other item related issues.

At the point when the inaccurate delivery address is entered. It would appear that your request transported to some unacceptable location. So heartbroken about that. We will send another [product name] to your location, and it ought to show up inside the following week.

At the point when an item is rarely conveyed: So sorry to learn that, [insert name]. Allow me to raise your request so we can perceive what occurred and get another [product name] shipped off you.

I'm so heartbroken about the mistake. We should perceive what we can do about amending your request.

At the point when the item is gotten broken: I'm so grieved about that. In the event that you send a photograph of the harmed [product name], we'll feel free to convey another [product name]. Obviously, in the event that you'd like a discount, we can feel free to deal with that for you, also.

I realize this is not exactly ideal. In any case, I must converse with my chief and see what we can concoct to determine your issue. Is it alright in the event that I [call/email/message] you back once we have a goal? I guarantee it will not take longer than 24 hours.

At the point when the item isn't what they expected: I'm sorry to such an extent that the [product name] wasn't what you anticipated. Might you want to return or trade your [product]? Continue with a discount/merchandise exchange.

At the point when the item is an alternate tone or size than what they requested: I'm so grieved about that, let me feel free to convey the right size/shading that you at first arranged. I will email you headings for restoring the item that we erroneously sent and send your [correct product] at the present time.

So heartbroken, [customer name], It appears we committed an error and sent the receipt to some unacceptable email. We're going on and resend your notice; you ought to get it inside 24 hours.

Explanation:

Forms of speech include all but the following _____.


argumentative

informative

entertaining

persuasive

Answers

The answer is entertaining

If I decide to tax students for tissues, charging 25 cents per tissue, this wax would be considered "fair" based on which principle of fairness?

a. benefits-received principle
b. willingness-to-spend principle
c. cost-incurred principle
d. ability-to-pay principle

Answers

A ‘ososoln ski ski ski 473

The purchasing power of peoples' income is most affected by what?
a.The rate of inflation
b.The trade deficit
c.The balance of payments
d.The value of foreign currency

Answers

Answer:

a.The rate of inflation

Explanation:

Inflation means rise in the consumer price index i.e. the weighted average of prices belong to the different kinds of goods. It could be measured by taking the difference of CPI and dividing it by the previous year CPI

The rate of inflation would be most impacted to the purchasing power of people income

Therefore the option a is correct

What are five key features of a centrally-planned economy?

Answers

Answer: See explanation

Explanation:

A centrally planned economy is simply refered to as an economic system whereby the decisions regarding how resources will be allocated and distributed are done by the government.

Some of the features of a centrally planned economy include:

1. Ownership by the government.

2. The government is responsible for making economic decisions such as what to produce, for whom to produce and also how to produce.

3. Prices in the centrally planned economy are set by the price controls.

4. The economy is bureaucratic.

5. Laws are made by the government in the economy.

How does saving compare to savings?

Answers

Answer:
A savings account is a bank account that allows you to set money aside and earn interest in the process. Some savings accounts pay a lower interest rate while other savings accounts offer higher interest rates that can actually help you grow your money.

In addition to working on construction sites, where else might a sheet metal worker typically be employed?

community college
office
farm
factory

Answers

Answer:

factory

Explanation:

Just did the test your welcome.

Why is it important to invest for your retirement? please explain :p

Answers

So that you become self-sufficient and have more control over your life in the future you don’t need to depend on Social Security, Medicare, or even relatives which are unreliable sources that you can’t control.

the purpose of a budget is to do what?
O A. Earn a return on savings
O B. Make sure expenses are below income
O C. Reduce the size of fixed expenses
O D. Prevent discretionarily spending

Answers

D. the whole point of a budget is to save money. sometimes we buy unnecessary things that we don’t need or already have. being on a budget will keep us from spending the money that we could use later on in life!

The reason why we come up with budgets is to B. Make sure expenses are below income.

Why do we use budgets?



Budgets are beneficial because they help us spend our income in such a way that we still have savings and can take care of all our expenses.

This means that budgets help us to spend less expenses than income so that we can have savings.

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Which of these is true about the national unemployment rale!
A. All citizens are included in the labor force.
B. All people 18 years or older are counted as part of the labor force.
C. It is always at 6%.
D. It is never at zero.

Answers

Answer:

D. It is never at zero.

Explanation:

The unemployment rate is described as the percentage of the labor force that is jobless but actively seeking work. The labor force comprises an adult population that is currently working or seeking employment.

The unemployment rate is never at zero. At every moment, there is frictional unemployment as people switch jobs or new college graduates seeking their first job. There is also unemployment due to economic seasons. Even when the economy is considered to be at full employment, the unemployment level is not at zero but at around 3 to 5 percent.

Which of the following are steps in the Incident Reporting Process? (select all that apply)

review by management

develop changes in care

enact changes in care

record the incident

Answers

Answer:

review by management

develop changes in care

enact changes in care

record the incident

Review by management, develop changes in care, enact changes in care, record the incident are the following steps in the Incident Reporting Process.

What is Process?

A process is a set of decisions and actions used to carry out work. Although we may not be aware of them, processes are present in every sphere of our lives, including work and leisure.

Employees who get sick or hurt at work are given the treatment and help they require thanks to an incident reporting mechanism. In order to manage and improve preventive measures, it also helps with the recording and tracking of incidents.

Therefore, all the steps are the part of Incident Reporting Process.

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Which of the following does NOT describe a benefit of a democratic education?

A. Decreased motivation and achievement
B. Deepened sense of social responsibility
C. Better communication and decision making skills
D. Development of well-informed citizens​

Answers

Answer:

Explanation:

C I promise if not C it's A cause when I put a it was right and when my brother put c it was right so it's your choice

You borrow $50 for 1 year at 5% interest rate. What is the interest owed?

Answers

Answer:

i think it would be 100 dollars

Explanation:

you mulitpy original by 5 which comes out to 100

The purchasing power of peoples' income is most affected by what?
a.The rate of inflation
b.The trade deficit
c.The balance of payments
d.The value of foreign currency

Answers

The rate of inflation

Explanation:

A naturalistic learning style fits a person who enjoys learning through _____.


listening to music

working alone

presenting a summary of a novel

comparing things found in nature

Answers

Answer: comparing things found in nature

Explanation:

Naturalistic learning involves the use of natural elements such as animals, plants, natural events and the environment in general to learn about various concepts.

People who would prefer this style of learning prefer to learn outdoors and are usually found comparing things found in nature to other things regardless of if they are indoors or outdoors. The strong attraction they feel to nature allows them to harness this learning style more effectively.

Answer:

comparing things found in nature

Explanation:

i got it right on my test

Sarah purchased 75 sweaters from a wholesaler for $16 each. She wants the markup percentage to be 18 percent. How much will Sarah's profit be per sweater?

Answers

Dddddddddddddddddddddd

Which of the following factors is unique to B2B buying and is not typically found in B2C buying?
Multiple Choice
- Decisions are usually made by individuals
- Most purchases are made at “list price” with cash or credit cards.
- There are a limited number of large buyers, often geographically concentrated in a specific area.
- Demand is based on consumer needs and preferences.
- Buyers engage in limited term or one-time-only relationships with many different sellers.

Answers

Answer:

There are limited number of large buyers, often geographically

Explanation:

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