Grade 3 · Social Studies · Lesson 30

Entrepreneurship Basics

An entrepreneur is a person who comes up with a new business idea, takes a risk to start it, and works to make it successful. Entrepreneurs create jobs and bring new products and services into communities.

What this lesson teaches

1Define entrepreneur and explain what entrepreneurs contribute to a community
2Sequence the five steps of starting a business: idea, plan, produce, market, sell

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