Economics is a complex field with many terms and concepts. Here are some common terms and their definitions.These are just a few fundamental economics terms and their explanations. Economics is
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Enterprise is one of the four factors of production. Which of the following is a definition of enterprise?
“Don't blow off another's candle for it won't make yours shine brighter.” ― Jaachynma N.E. Agu, The Prince and the Pauper
“I know you're still young but I want you to understand and learn this now. Marriage can wait, education cannot. You're a very very bright girl. Truly you are. You
“Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young.” ― Henry Ford
1. Before the company obtains certificate of commencement of business, directors have to buy a certain number of shares are calledA. Bonus sharesB. Qualification sharesC. Right issueD. Sweat equity shares2.