Semester1+Final+Review

Below are key terms and concepts that you should study for the final. I have outlined them chapter by chapter to make studying easier.


 * = **Chapter 1**
 * .....................................** ||= **Chapter 2**
 * .............................................** ||= **Chapter 3**
 * .................................** ||= **Chapter 4**
 * .........................** ||= **Chapter 6**
 * ............................** ||= **Chapter 7**
 * ...............** ||= **Chapter 8**
 * ..................................** ||= **Chapter 9**
 * = Capitalism ||= Cost of Goods Sold ||= Return on Investment (ROI) ||= Opportunity Cost ||= Capitalism ||= Patent ||= Competitive Advantage ||= Depreciation ||
 * = Free Enterprise System ||= EOU - Economic of One Unit of sale ||= Rule of 72 ||= SWOT Analysis ||= Command Economy ||=  ||= What are the 4 basic types of Businesses ||= Fixed Costs ||
 * = Entrepreneur ||= Gross Profit ||=  ||=   ||= Supply and Demand ||=   ||=   ||= Variable Costs ||
 * =  ||= Net Profit ||=   ||=   ||= Market Clearing Price ||=   ||=   ||= Overhead ||
 * =  ||=   ||=   ||=   ||= Free Enterprise System ||=   ||=   ||=   ||
 * =  ||=   ||=   ||=   ||= Monopoly ||=   ||=   ||=   ||
 * =  ||=   ||=   ||=   ||= Monopoly ||=   ||=   ||=   ||

iMovie You will be required to make a video presentation using iMovie. In the movie you should include the following: - Introduce yourself - What are your goals in life? What do you want to accomplish? - What does it mean to be an Entrepreneur in your own words? - How risky is it to be an entrepreneur? - What are some things you learned from our guest speakers? - What are some things you learned from this class?