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Questions and Answers
What is one of the socialistic ideas mentioned in the text?
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?
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?
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
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