Lesson 46 of 84 · Economics
⭐ 30 XP⚓ Market PortEntrepreneurship: Starting Your Own Business
Entrepreneurship is when someone starts their own business.
🎯 Your mission
Follow the money. Then follow the choices.
⚡ The twist
Money is just a story everyone agrees to believe.
Mind = Blown
🤯 Money used to be made of cocoa beans, salt, and even giant stones.
Then & Now
💱 Every receipt you've ever seen has this idea inside it.
Entrepreneurship is when someone starts their own business. Entrepreneurs are creative and willing to take risks to turn their ideas into reality. They work hard to solve problems and meet the needs of consumers. For example, a young person who decides to open a lemonade stand is practicing entrepreneurship by providing a service to thirsty customers.
Key Facts
Entrepreneurs start their own businesses.
They are creative and take risks.
A lemonade stand is an example of entrepreneurship.
Check Your Understanding
Question 1
1 of 2What do entrepreneurs do?
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.
Track every dollar you spend or get this week. Then figure out the pattern.
For the dinner table
“If you had $20 to start a business, what would you sell?”
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