SS.4.FL.1.7

Entrepreneurs are people who start new businesses. Entrepreneurs do not know if their new businesses will be successful and earn a profit. Identify ways in which starting a business is risky for entrepreneurs.

Clarifications

Read a children’s book about an entrepreneur and identify the type of business started, the possible risks of running the business, and what the entrepreneur expected to earn.
General Information
Subject Area: Social Studies
Grade: 4
Strand: Financial Literacy
Standard: Earning Income
Date Adopted or Revised: 06/14
Status: State Board Approved

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