Question 6(Multiple Choice Worth 5 points)
(01.02 LC)
The ability to see problems from multiple angles and use high-level thinking to find effective solutions describes which characteristics of an entrepreneurial mindset?
Critical thinking and problem-solving skills
Ethical practices and social responsibility
Grit and growth mindset
Self-reliance and initiative
Question 7(Multiple Choice Worth 5 points)
(01.05 LC)
How do small businesses impact global economic development?
They account for the majority of businesses worldwide, especially in developing countries.
They decrease tax revenue in their local economies.
They decrease competition in their local communities.
They reduce the money spent on goods and services produced in developed economies.