Lesson 46 of 84 · Economics
⭐ 30 XP⚓ Market PortEntrepreneurship: Starting Your Own Business
Entrepreneurship is when someone decides to start their own business.
🎯 Your mission
Trade-offs everywhere — find them.
⚡ The twist
Cheap for you usually means expensive for someone else.
Mind = Blown
🤯 The first ATM was installed in 1967 — and used radioactive ink.
Then & Now
💱 This is happening in your local store every single day.
Entrepreneurship is when someone decides to start their own business. Entrepreneurs are very creative and often have unique ideas for products or services. For instance, a kid might start a dog-walking business or create handmade crafts to sell. By taking risks and working hard, entrepreneurs can turn their ideas into successful businesses and make a difference in their communities.
Key Facts
Entrepreneurs start their own businesses.
Creativity is important for entrepreneurs.
Entrepreneurship can make a difference in communities.
Check Your Understanding
Question 1
1 of 2What is an entrepreneur?
Why this still matters
The next time you spend $1, ask: who else benefited besides you?
Stretch Challenge
Try this in real life this week.
Find two products that look similar but cost very different. Why?
For the dinner table
“If you had $20 to start a business, what would you sell?”
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