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Any activity that seeks to provide goods and services to others while operating at a profit
Intangible products (i.e., products that can't be held in your hand) such as education, health care, insurance, recreation, and travel and tourism.
The total amount of money a business takes in during a given period by selling goods and services.
The amount of money a business earns above and beyond what it spends for salaries and other expenses
The chance an entrepreneur takes of losing time and money on a business that may not prove profitable.
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