As seen in the video, Joie de Vivre's CEO appears to possess a degree of , which is what the chapter describes as the positive, forward-thinking desire to build a profitable, sustainable business.

entrepreneurial spirit

Explanation:

Classical economists consider that there are 3 factors of production: land, labor and capital. But more modern approaches also include entrepreneurship as the forth factor, and some even consider technology as a fifth one.

An entrepreneur is the person that combines the factors of production and creates a business. The key characteristics of successful entrepreneurs (or entrepreneurial spirit) is innovation, creativity, passionate, future oriented, optimistic, and resourceful.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.