economics: section 3.5

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6 Terms

1
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entrepreneurship

the intelligent supervision of the other factors of production (AKA management)

2
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entrepreneur

someone who starts a business undertaking, risking his own time, money, etc.

3
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e. i. du pont

one of the first American businessmen to profit from selling gunpowder

4
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gunpowder

fill in the blank

in the early 1800s, the DuPont Co. was hired to provide _________ for the American government

5
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chemical

fill in the blank

today, the DuPont Co. is a large ________ production company

6
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production

fill in the blank

the entrepreneur joins together _________ factors and makes possible large-scale production and distribution