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Direction: Define the following words


1. Economics
2. Inclination
3. Productivity
4. Entrepreneurship​


Sagot :

Answer:

1.the branch of knowledge concerned with the production, consumption, and transfer of wealth.

2. a person's natural tendency or urge to act or feel in a particular way; a disposition or propensity.

"John was a scientist by training and inclination".

3.the state or quality of producing something, especially crops.

especially crops."the long-term productivity of land"

  • effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input. "workers have boosted productivity by 30 percent"

4.the activity of setting up a business or businesses, taking on financial risks in the hope of profit.

"the new business opportunities have encouraged entrepreneurship on a grand scale"

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