Economics A-Level
Enterprise
What Enterprise means in Economics A-Level, as defined for AQA.
Definition of Enterprise
Check what you remember
Read the wording for your board, then hide it and explain Enterprise in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A strong culture of willingness to take business risks, fostering innovation and business creation.
Topics that use Enterprise
- Determinants of long-run aggregate supply (AQA A-Level)
Related terms
- Banking system
- Capital accumulation
- Classical long-run aggregate supply (LRAS) curve
- Demand management
- Economic growth
- Institutional structure
- Macroeconomic equilibrium
- Normal capacity level of output
Using Enterprise in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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