Free Enterprise: Benavidez

1) In Business what does capital mean

• Capital refers to the physical location of a business.
• the money or resources a business uses to operate and grow

2) What does to invest mean?

• To invest means to spend money on personal luxuries.
• To invest means to save money for future use.
• means using your money or borrowed money to try and make it grow bigger over time

3) How does advertising help sell Jonathas Hats

• Advertising only targets existing customers.
• Advertising has no impact on sales of Jonathas Hats.
• Advertising helps sell Jonathas Hats by increasing visibility and attracting customers.

4) Match Free Enterprise Topics

Groups:

(a) Investors

,

(b) Product

,

(c) Taxes

,

(d) advisement

• unding businesses and taking risks to try and make a profit

• developing new features
• compliance with tax regulations
• understanding tax deductions
• driving competition among businesses. 

• conducting market research
• providing capital to startups
• information about goods and services

5) Here is an example of shoes companys thats are in competition today. Identify the different brands of sneakers in the image.

a

b

c

d

e

f

g

h

Converse

Celine

Asics

New Balance

Nike

Salomon

Adidas

Vans

6) In free enterprise what does competition do

• lower prices, better quality products, and a wider variety of choices

• Competition decreases product variety and choice.

7) What makes people pay more for certain brands than others? at least a 2 sentence answer

8) Which establishment has the best price for the Ipod nano. Which should help them sell more of the product.

9) What are the examples of free enterprise mentioned?

a

b

Walmart 

HEB

Farmers' Markets

Tech Startups