Entrepreneurs are job makers that take a financial risk to create employment for themselves and others. This lesson looks at the characteristics, distinctive qualities and skills of successful entrepreneurs and concludes with factors of production.
Up Next in Term 2
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Entrepreneurship / Fair Employment Pr...
The government established the Basic Conditions of Employment Act 1997 to regulate fair employment practices including that the employees of a business have the right to be paid for their labor, the right to be treated fairly and the right to work in a safe environment.
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Forms of ownership - Companies
We look at public and private companies and their differences. This lesson looks at all the advantages and disadvantages companies have.
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The Economy & Markets [Factor market...
This lesson looks at the definitions for factor market, labour market and financial market.
