QUESTION IMAGE
Question
the federal government or private associations might fund ____ to help an entrepreneur finance a new business.
- grants
- loans
- investments
- none of the above
Brief Explanations
Grants are funds provided by governments or private associations that do not need to be repaid, making them a common way to support entrepreneurs starting new businesses. Loans require repayment with interest, and investments involve taking an ownership stake, which is not the structure described here.
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A. grants