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Lesson 14 of 84 ยท Economics

โญ 30 XPโš“ Market Port

Entrepreneurship: Starting Your Own Business

๐ŸŒMission Brief #14

Entrepreneurship is the process of starting your own business.

๐ŸŽฏ Your mission

Spot the cost behind the price.

โšก The twist

Trade isn't just stuff โ€” it's ideas, words, and germs.

๐Ÿคฏ

Mind = Blown

๐Ÿคฏ The first stock exchange was in Amsterdam in 1602 โ€” for spices.

๐Ÿ•ฐ๏ธ

Then & Now

๐Ÿ’ฑ This is happening in your local store every single day.

Entrepreneurship is the process of starting your own business. Entrepreneurs are people who take risks to bring their ideas to life, like opening a bakery or a tech company. They need to be creative and hardworking to solve problems and attract customers. Being an entrepreneur can be rewarding because it allows people to follow their passion and make money doing what they love.

Key Facts

1

Entrepreneurs start their own businesses.

2

They take risks to make their ideas a reality.

3

Entrepreneurship allows people to follow their passion.

Check Your Understanding

Question 1

1 of 2

Who are entrepreneurs?

๐ŸŒ

Why this still matters

The next time you spend $1, ask: who else benefited besides you?

๐Ÿ†

Stretch Challenge

Try this in real life this week.

Find two products that look similar but cost very different. Why?

๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘ง

For the dinner table

โ€œIf you had $20 to start a business, what would you sell?โ€

๐ŸŽฏ

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Entrepreneurship: Starting Your Own Business โ€” Economics | 4th Grade Social Studies | LittleActivity | LittleActivity