What is the role of the entrepreneur? What does he do on the market? Where does his profits come from? What is loss? Learn Austrian Economics in a fun way!
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00:00 Who is an entrepreneur?
02:00 Where does the profit come from?
03:37 What if he is wrong?
04:48 Role of an entrepreneur
06:35 Summary
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Music on CC license:
Kevin MacLeod: Home Base Groove - na licencji Creative Commons Attribution (creativecommons.org/licenses/...)
Źródło: incompetech.com/music/royalty-...
Wykonawca: incompetech.com/
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Econ Clips is an economic blog. Our objective is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, inflation, money, investing, monetary systems, financial markets, financial institutions, cental banks, wealth, financial crises and business cycles. If you want to know how the economy works and understand why it works this way - join us on econclips.com and learn Austrian Economics in a fun way!
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