Please choose the most appropriate answer for each sentence.
  • 1

    Millions of new enterprises are begun each year in spite of a more than 50% ..... rate.

  • 2

    There is increasing research on the subject, more and more courses in entrepreneurship, and heightened ..... by the media.

  • 3

    Initiating a new business involves considerable risk, as well as an effort to overcome all the ..... against innovative ideas.

  • 4

    The French word "entrepreneur", ..... translated, means simply "undertaker".

  • 5

    The entrepreneur's connection with risk evolved in the 17th century, when an entrepreneur was someone who entered into a contract with the government to perform a service or to supply ..... products.

  • 6

    Since the contract price was fixed, any resulting profits or losses ..... the efforts of the entrepreneur - the better he performed, the more profit he made.

  • 7

    In the 18th century, the person with capital was ..... from the one who needed capital; in other words, the entrepreneur was distinguished from the capital provider.

  • 8

    In contrast to an entrepreneur, a venture capitalist is a professional money manager who makes risk investments from a ..... of capital to obtain a high rate of return.

  • 9

    In the mid-20th century, the ..... of an entrepreneur as an innovator was established.

  • 10

    The concept of innovation and newness is now an ..... part of entrepreneurship.

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