| A | B |
|---|
| private enterprise | most economic are owned by indivduals rather than government |
| free enterprise | another name for private enterprise |
| a feature of the private enterprise system | freedom to buy |
| a feature of the private enterprise system | freedom to work |
| a feature of the private enterprise system | freedom to produce and sell |
| competition | contest between businesses |
| profit | motivates businesses |
| entrepreneur | a person who is willing to take the risk of starting a business |
| failure | chief risk of starting a business |
| entrepreneur trait | able to plan well |
| entrepreneur trait | effective communication |
| entrepreneur trait | decision-making |
| entrepreneur trait | self confidence and stamina |
