Differences between entrepreneur and businessman

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Assignment:

These questions are for economics. it needs one to two sentences. Thank you for the help in advance.

Questions:

-Identify 3 ways in which economics can relate to your life?

-What is an entrepreneur? And what are the differences between an entrepreneur and a businessman/woman?

-What examples of entrepreneurs in the past or present can you think of?

(These are together) How do businesses like Walmart, Costco, and Mc Donalds make their money when it comes to pricing? How is this different from the way companies like Gucci, Versace, and Porsche price their goods? Which business model do you think is better?

Reference no: EM133204125

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