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Java Games: Flashcards, matching, concentration, and word search. |
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| Entrepreneur | Individual who undertakes the creation, organization, and ownership of a business |
| Venture | new business |
| Entrepreneurship | process of recognizing an opportunity, testing it, and gathering resources |
| Economics | study of how people choose to allocate scarce resources to fulfill their unlimited wants |
| Profit | money left after expenses are paid |
| Goods | physical products |
| Services | nonphysical products |
| Factors of Production | Land, labor, entrepreneurship, capital |
| Scarcity | demand exceeds supply |
| Demand | quantity of goods or services |
| Supply | amount of a good or service that producers are willing to provide |
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Business Teacher |
Patterson Mill High School |
| Bel Air, MD |
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