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Socialism, Small Business, and Micro Enterprises Quiz

3 Questions

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Socialism, Small Business, and Micro Enterprises Quiz

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Questions and Answers

What is one of the socialistic ideas mentioned in the text?

Low Capital High Labor

Low Labor High Capital

High Capital High Labor

High Labor Low Capital (correct)

What is one of the factors that can lead to small businesses failing?

Poor Planning (correct)

Too Much Competition

Lack of Adequate Cash

Too Much Financing

What is one of the characteristics of micro and small enterprises in Ethiopia?

Use of Indigenous Raw Materials

Use of Local Skills and Knowledge (correct)

High Capital Intensive

Low Labor Intensity

Socialism, Small Business, and Micro Enterprises Quiz

Choose a study mode

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Questions and Answers

What is one of the socialistic ideas mentioned in the text?

What is one of the factors that can lead to small businesses failing?

What is one of the characteristics of micro and small enterprises in Ethiopia?

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