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15. someone who manages and assumes the financial risks of starting a n…

Question

  1. someone who manages and assumes the financial risks of starting a new business is ____________. a. liverpool to manchester b. entrepreneur c. means of production d. communism 16. farms, factories, railways, mines, and other large businesses that produce and distribute goods is __________. a. liverpool to manchester b. entrepreneur c. means of production d. communism 17. in practice, a system in which a small elite controlled the political and economic life of a nation is __________. a. liverpool to manchester b. entrepreneur c. means of production d. communism 18. german philosopher who, with frederick engels, published the communist manifesto predicting class - struggle is ____________.

Explanation:

Brief Explanations
  1. An entrepreneur manages and assumes financial risks of starting a new business.
  2. Farms, factories, railways, mines etc. are means of production used to produce and distribute goods.
  3. A system where a small elite controls political and economic life is not described by the other options.
  4. Karl Marx, along with Frederick Engels, published The Communist Manifesto predicting class - struggle.

Answer:

  1. b. entrepreneur
  2. c. means of production
  3. None of the given options are correct (but if we had to choose based on the context, it's not among these choices).
  4. Karl Marx