Vocabulary
A person who starts and operates a new business
Entrepreneur
Value of good or services in dollars
Economics value
Goes on the bottom right of a check
Signature
Creator of apple products
Steve Jobs
Best basketball player ever
Allen Iverson
A process that requires hard work, perseverance, and the willingness to assume some degree of risk
Entrepreneurship
Wrote the book about the principles of economics
Carl Menger
Letters across the check that means not valid
VOID
Founder of Miccrosoft
Bill gates
Basketball player that has played for the Dallas Mavericks for 20 years
Dirk Nowitzki
When multiple people start a company
Co-founders
The satisfaction you give up or the regret you experience for not choosing differently
Opportunity cost
The amount of money you start with
Balance
Founder of ford motor company
Henry ford
Basketball player that retired from the NBA to play basebal
Michael Jordan
The satisfaction you recieve from a choice you make
Opportunity benefit
Intangible items
Services
When you take money out of your bank account
Withdraw
Him and his brother Roy co-founded Disney productions
Walt Disney
Basketball player that has the most steals in High School histoy
Jaelen House
What is determined by its usefulness
Subjective value
Bible verse about economics
Ecclesiastes 1:8
When you put money into your bank account
Deposit
An American actress, talk show host, television producer, and philanthropist
Oprah Winfrey
Number of NBA teams
30