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Questions and Answers

What is a characteristic of working for a company?

  • Being innovative and good at spotting opportunities
  • Requiring hard work and giving labor stability
  • Having to work really hard and know the market well
  • Having a fixed salary regardless of the company's profits or losses (correct)

    • What is a characteristic of self-employment?

  • Having to work really hard and know the market well (correct)
  • Having a fixed salary regardless of the company's profits or losses
  • Requiring hard work and giving labor stability
  • Being innovative and good at spotting opportunities

    • What is a characteristic of becoming a civil servant?

  • Having to work really hard and know the market well
  • Being innovative and good at spotting opportunities
  • Having a fixed salary regardless of the company's profits or losses
  • Requiring hard work and giving labor stability (correct)

    • What are some important characteristics of entrepreneurs?

    <p>Innovative and good at spotting opportunities</p> Signup and view all the answers

    What is a key difference between self-employment and working for a company?

    <p>Earning more money if successful</p> Signup and view all the answers

    What is the main idea behind a market economy?

    <p>It is based on market equilibrium</p> Signup and view all the answers

    What is the characteristic of a planned economy?

    <p>Government decides what, how, and when is produced</p> Signup and view all the answers

    What does market size represent?

    <p>Number of products sold in an area over a specific period</p> Signup and view all the answers

    What does market share indicate?

    <p>Percentage of a market's total sales earned by a particular company</p> Signup and view all the answers

    What is the focus of 'Economy for the common good' model?

    <p>Addressing the consequences of capitalism such as poverty and environmental problems</p> Signup and view all the answers

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