Entrepreneurship

Question 1

According to the article, what is the primary cause of the decline in poverty rates in China?

Revolt · Accepted Answer

the introduction of free trade and entrepreneurship

Question 2

1%10%✔ 50%

Revolt · Accepted Answer

✔ 50%

Question 3

✔ top 1% top 10% top 50%

Revolt · Accepted Answer

✔ top 1%

Question 4

antipoverty programs✔ free enterprise higher taxes

Revolt · Accepted Answer

✔ free enterprise

Question 5

Use the drop-down menus to complete the sentences.

Revolt · Accepted Answer

According to the article, Americans make up about of the world's population, but about of the world's "top 1%.": 5%; According to the article, Americans make up about of the world's population, but about of the world's "top 1%.": 50%; This means that a majority of Americans are in the of all earners in the world, which is defined as those earning more than $34,000 a year.: top 1%; The author states that this wealth is due to America's commitment to.: free enterprise

Question 6

What evidence does the author use to argue against the claim that "free markets are driven by greed"?

Revolt · Accepted Answer

Business owners are driven by personal success, not profits.

Question 7

Which of these did you include in your response? Check any that apply.

Revolt · Accepted Answer

Brooks is president of an organization that works to protect free enterprise.

Question 8

In a paragraph, make a claim about the advantages of entrepreneurship and free enterprise.Be sure to support your claim with reasons and evidence. Also, address at least one counterclaim in your answer.

Revolt · Accepted Answer

The primary advantage of free enterprise is that it fosters entrepreneurship, which drives economic growth and innovation. Unlike controlled economies, free enterprise allows individuals to take risks, create income for themselves, and reduce overall unemployment by hiring others. While some critics argue that entrepreneurship can lead to economic instability or business failure, the reality is that the competition inherent in free enterprise ensures that consumer needs are met efficiently. Ultimately, entrepreneurs benefit society by providing essential funding for the government through corporate and personal taxes, which supports public services.

Question 9

Use the drop-down menus to complete the sentences.

Revolt · Accepted Answer

✔ 5%; According to the article, Americans make up about of the world's population, but about of the world's "top 1%.": 5%; According to the article, Americans make up about of the world's population, but about of the world's "top 1%.": 50%; This means that a majority of Americans are in the of all earners in the world, which is defined as those earning more than $34,000 a year.: top 1%; The author states that this wealth is due to America's commitment to.: free enterprise

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