1.1
The Learner Will:
-Define Entrepreneurship Terms
-Explore the History of Entrepreneurship in the American Economy
-Evaluate the Unique Contributions of Entrepreneurship in the American Economy
Define Entrepreneurship:
Using your own words create a collaborative definition for the following terms
Entrepreneurs- business leaders-A business owner who sells inventory in a free market economy. He/She is responsible for handling all of their business' needs. (The brains of the whole opperation)
The person and or people that run businesses.
A person who orginizes and manages an enterprize or business.
People who own and operate a business.
A person starts, owns, and operates the business, and handles all the businesses needs.
a person who organizes, manages, and takes responsiblility for the business that they are in charge of.
Entrepreneurship-Business selling inventory (of the entrepreneurs choice) in a free market economy.
Having a business and learning how to create a product that poeple will buy.
people who own and operate a buisness.
Having a job where you sell and/or run your own business.
Running a business of your own.
Where you learn how to run a business and sell your products efficently.
A person who starts up a business and makes all the financial decisions.
is taking the responsibility of your business or organization on yourself and being in charge of all asecpts of the business
Employee-A worker who works for and is payed by an Employer also known as an Entreprenuer.
A person who works for the entrepreneur.
A person who is under the entreprenuer and works for the entreprenuer.
A person who works for someone.
A person who works for another person.
An individual who provides labor to a company or other person.
A person who works for a business owner for a rate (hourly, mothly, ect.)
a person that works underneather another, they get paid to do they work that they entreprenuer gives them.
Debate Entrepreneurs vs Employees:
I would rather be an entrepreneur because the fact that i would be the one with the business experience and i could be the man in charge. it seems that the entrepreneur has a greater effect on the economy that the employers do.
I would also rather be an entreprenuer because you are the top of the top, you are the one in charge who makes all the decisions. Yet that would leave you with a big part on your shoulders so, if you didn't know how to handle pressure and stress very well I don't think that type of person would do well as an entrepreneur.
There is a downs side to being an entrepreneur. Entrepreneur have no guarantee of making as much money as previous or ever any money at all, while employees always are assured a set amount of money with every paycheck. The flip side to this is Entrepreneurs can't get fired, though they can go bankrupt. Entrepreneurs also have to accept the consicinces of, not only ther own actions, but also the actions of their employees. They may be able to fire an employee for bankrupting the company, but that doesn't reverse the damage the employee has done.
I would rather be an entrepreneur because your the one in charge telling people what to do.
I would rather be an entrepreneur also because you decide what you want to do so it will be something that you love and can handle.
I would rather be an employee because I people giving me tasks to do instead of giving the tasks to other people.
Many would rather be the entrepreneur than employee cause they would rather own and operate a business and be the one on top. Not the person doing all the work for much less pay and glory. Yet the employee technically has less they don't have to keep track of everything, they have much less on their shoulders than the entrepreneur does.
I would rather be an Employee because its less less of a financial risk.
I would rather be an entrepreneur because I want to have my own business and be in charge of how it is ran. Also I enjoy keeping records of stuff and being organized. There is a down side that if the business would run into bad times it would be my job to fix it, but i would rather do that and have a say it what happens then be an employee and just have to do what im told to do when im told to do it.
Explore the History of Entrepreneurship:
Search the Web for people and ideas from these differnt time periods. Explain your thought and add links from web sites or Wikis.
Colonial America Benjamin Franklin has had an impact on Entrepreneurship. He has many saying in the Poor Richard’s Almanack about bussiness and making gain. Franklin was an ambitious, and hardworking man.
http://www.benfranklin300.org/etc_article_entrepreneur.htm
Ben Franklin was very poor as a child but yet that didn't stop him from making a stand in America. Franklin was an entrepreneur, inventor and writer whose legacy would leave a lasting impact.
http://entrepreneurs.about.com/b/2006/07/04/benjamin-franklin-americas-original-entrepreneur.htm
http://colonial-america.suite101.com/article.cfm/life_as_an_apprentice_in_colonial_america
http://www.businessknowhow.com/manage/ben-franklin.htm
Benjamin Fraklin was many things he was a scientist, inventor, statesmen, musician, economist, printer, philosopher, and entrepreneur. He did a lot of great works in his lifetime.
http://www.fi.edu/franklin/
Industrial
1800- Thomas Edison had an impact on entrepreneurship with the lightbulb and other inventions he had created to help our economy move forward. http://www.timelineindex.com/content/view/326
Andrew Carnegie was a great entrepeneur his success came froms steel.
http://www.ltbn.com/hall_of_fame/Carnegie.html
Henry Ford was the founder of ford motors. Which started the making of motor vehicles.
http://www.ideafinder.com/history/inventors/edison.htm
http://www.oakhillclothiers.com/Catalog/1800s/tabid/666/Default.aspx
http://www.ltbn.com/hall_of_fame/Edison.html
The Kaslo Sourdough Bakery tells about their industry in the 1800's
http://www.microsour.com/industrial.html
richard arkwright was an entrepreneur in the textile industry.
http://www.spartacus.schoolnet.co.uk/IRarkwright.htm
Howard Hughes was a famous entrepreneur from 1932 he made the Hughes Aircraft.
http://ezinearticles.com/?JP-Morgan-Entrepreneur-Profile&id=536820
http://en.wikipedia.org/wiki/1900
http://www.evancarmichael.com/Famous-Entrepreneurs/620/summary.php
Iron and Steel in impact in 1900's
http://www.entrepreneur.com/tradejournals/article/155870305.html
Today- Bill Gates is a well known entrepreneur. With his internet we have many new ways of communication and anthing else we can think of really. He haas made a huge impact in the Entrepreneurship world. http://www.ltbn.com/hall_of_fame/Gates.html
http://www.microsoft.com/presspass/exec/billg/default.aspx
Mary Kathlyn Wagner created the company Mary Kay Inc. She is one of the most outstanding woman in business in the 20th century.
Bill Gates created the internet and is one of the greatest entrepreneurs. http://www.entrepreneur.com/growyourbusiness/radicalsandvisionaries/article197526.html
http://www.usatoday.com/money/companies/management/2007-12-10-exec-lobster_N.htm
http://www.evancarmichael.com/Famous-Entrepreneurs/556/summary.php
http://www.huahintoday.net/en/money-and-immigration/strength-of-thai-baht-effects-industrial-entrepreneurs.htm
Conclude with The Impact of Entrepreneurship on our Economy:
Watch the following podcast about the impact of Entrepreneurship.
As you watching write down 5 facts about entrepreneurships impact on our economy
Then post your opinion of entrepreneurship in our economy
Post Opinions:
Entrepreneurship in our economy is a good thing. these entrepreneurs are making great advances in the economy and without them we would still be stuck with horse drawn carrigaes for all we know.
In one way entrepreneurship is good for our economy because its putting money back. Yet its costing people who may not have the money to be buying things. And if people aren't buying things or more so not able to afford to buy things then entrepreneurs may not do as well as they had expected. Entrepreneurs yet create new "things" that society may need at that time. Making being an entrepreneur a great thing.
Comments (0)
You don't have permission to comment on this page.