Im some industries it is beneficial while others it is not.
The correct answer is A.
Starting a new business, as any investment project, entails a certain level of risk. Even tough an entrepeneur is able to develop a product that he believes would be attractive for consumers, there are many aspects that should be examined before deciding to start a business: market environment (number of competitors, elasticity of the demand, profits obtained in the industry), or inner factors (type of technology needed, how to produce efficiently, human resources policies, etc).
Even tough many things can be studied and plans and strategies need to be defined, there are factors which are unpredictable and can lead a firm to bankruptcy: a global economic crisis starts, there is a rise in input prices, there is a sharp decline of the demand on the product, etc. <u>This uncertainty (risk) makes entrepeneurship highly volatile, very large profits can be earned but also heavy losses can be incurred. </u>
The correct answer is B) The elimination of poverty and racial injustice in America.
Lyndon B Johnson's "Great Society" program was the name given to the policies and laws he wanted to implement in American society in order to make it equal for all Americans. At the time of his presidency, racism was still rampant in the US (especially in the Southern states) and millions of Americans lived in poverty. His goal was to create federal programs that would help aid in America becoming a better society. An example of this would be the Civil Rights Act of 1964, which helped to end segregation of public facilities.
