Standard #: SS.912.FL.2.9


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Describe why some people choose to become entrepreneurs as a career choice.


Clarifications


Clarification 1: Instruction includes evaluating the benefits and costs of entrepreneurship.

Clarification 2: Instruction includes identifying the roles and characteristics of an entrepreneur and understanding that taking on risk is an implicit part of being an entrepreneur.

Clarification 3: Instruction includes understanding how owning a small business can be a person’s primary career or can supplement income from other sources.

Clarification 4: Instruction includes the tax implications of being an entrepreneur such as the self-employment tax.



Related Courses

Course Number1111 Course Title222
2102300: Economics and Personal Finance (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102305: Economics and Personal Finance Honors (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102371: Personal Finance and Money Management (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102373: Personal Finance and Money Management Honors (Specifically in versions: 2023 - 2024, 2024 and beyond (current))


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