Lesson 78 of 84 · Economics
⭐ 30 XP⚓ Market PortEntrepreneurship: Starting Your Own Business
Entrepreneurship is the process of starting and running your own business.
🎯 Your mission
Spot the cost behind the price.
⚡ The twist
Trade isn't just stuff — it's ideas, words, and germs.
Mind = Blown
🤯 The first stock exchange was in Amsterdam in 1602 — for spices.
Then & Now
💱 Every receipt you've ever seen has this idea inside it.
Entrepreneurship is the process of starting and running your own business. Entrepreneurs are the people who take risks to create something new, whether it's a lemonade stand, a craft shop, or a tech company. They need to be creative and think of unique ideas that can solve problems or meet people's needs. Being an entrepreneur can be very rewarding, especially when they see their hard work pay off and their business succeed!
Key Facts
Entrepreneurs start and run their own businesses.
Creativity is important for entrepreneurs.
Entrepreneurs take risks to create new products or services.
Check Your Understanding
Question 1
1 of 2What do we call people who start their own businesses?
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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