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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?

Innovative and good at spotting opportunities (A) Signup and view all the answers

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

Earning more money if successful (A) Signup and view all the answers

What is the main idea behind a market economy?

It is based on market equilibrium (D) Signup and view all the answers

What is the characteristic of a planned economy?

Government decides what, how, and when is produced (A) Signup and view all the answers

What does market size represent?

Number of products sold in an area over a specific period (D) Signup and view all the answers

What does market share indicate?

Percentage of a market's total sales earned by a particular company (C) Signup and view all the answers

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

Addressing the consequences of capitalism such as poverty and environmental problems (C) Signup and view all the answers

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