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Content: labor
entrepreneur
definition: ambitious leader who combines land, labor, and capital to create and market new goods and services 
importance: Entrepreneurs are important because they are the ones to execute the duties after creating goods and services. They are the ones who sell these goods and services to make profit. Without entrepreneurs, goods would not be distributed to people. relates to: Capital, labor, land, economy
trade-off
definition: an alternative we sacrifice when we make a decision 
importance: Allows the nation to gain profit in a way that they receive something and give out something. - A skill that is needed by entrepreneurs 
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