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Entrepreneurship Chapter 2 Vocabulary

AB
competitionThe rivalry among businesses for consumer dollars
investmentThe amount of money a person puts into his or her business as capital
capitalIncludes the buildings, equipment, tools, and other goods needed to produce a product or the money used to buy these things
role modelA person whose attitudes and achievements you try to emulate
foundation skillsSkills that are used when setting up and running a business
profileA set of characteristics or qualities that identifies a type or category of person
achieverA person with a record of successes


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