Answer:
Entrepreneurs face multiple risks such as bankruptcy, financial risk, competitive risks, environmental risks, reputational risks, and political and economic risks. Entrepreneurs must plan wisely in terms of budgeting and show investors that they are considering risks by creating a realistic business plan.
Explanation:
A lack of demand since farm crops and goods were not being purchased as relatively high frequencies during this time
The luxury item that dominated 14th century global trade routes was:
Spices
By selling advanced tickets to settlers who planned to move west
Bank failures because banks didn’t have a backup plan to ensure that everyone may get their money.
