Monty is a rich man who invests his money in small businesses. He recently purchased a small bakery and hired a new manager to oversee changes to the business to make it more profitable. His investment has paid off, since he now makes more money than he spent to acquire the bakery. What term describes Monty’s role in this scenario?
A. industrialist
B. innovator
C. consumer
D. capitalist
Answer:D
Monty is a rich man who invests his money in small businesses. He recently purchased a small bakery and hired a new manager to oversee changes to the business to make it more profitable. His investment has paid off, since he now makes more money than he spent to acquire the bakery. What term describes Monty’s role in this scenario?
A. industrialist B. innovator C. consumer D. capitalist