10. Give examples of the industrial advantages of America as compared with Europe.

Chapter 29. Business Organization and the Enterpriser's Function

1. What is the relative importance of organization in sawing wood, building houses, running a small store, or a large factory?

2. Which wins the battle: the general, the soldiers, or the armament?

3. What determines whether a crop is poor or good: the ground, the weather, or the farmer?

4. Why do some businesses give increasing returns as they grow?

5. One has said: "The natural differences in powers and aptitudes are certainly not greater than are natural differences in stature." Is this sound in an economic sense?

6. Who runs the business in a large store owned by a large family? Who has the risk?

7. Who is the enterpriser in a stock company where there is a superintendent elected by a board of directors, themselves elected by shareholders with one vote per share?

8. Who is the employer in a coöperative cooper-shop whose superintendent is elected by the workmen?