Entrepreneurs and the Jobs that they create Entrepreneurs
Entrepreneurs and the Jobs that they create.
Entrepreneurs A. If you start your own business, you are an entrepreneur. B. An entrepreneur is a person who organizes, manages, and assumes the risks of a business. C. Entrepreneurs often come up with an idea for a new product or a new way of doing business. They put up their own labor or capital and take the risks of failure. D. The efforts of entrepreneurs, starting businesses and creating jobs, are an important part of creating society’s wealth.
Jobs in the Free Enterprise System How is Money Paid to Workers? 1. The money people receive for work is paid as an hourly wage or as a salary. 2. Some people, such as salespeople and agents, also earn commissions. These people are given a percentage of the money received from sales they make.
B. How is Money Paid to Workers? 1. The money people receive for work is paid as an hourly wage or as a salary. 2. Some people, such as salespeople and agents, also earn commissions. These people are given a percentage of the money received from sales they make. 3. Tips and bonuses are extra money usually paid by some workers in addition to their wages or salaries.
-Research one of the Entrepreneurs below and describe the impact that their business life has had on the free enterprise system. -Reports need to be 200 -300 words long. The people that will be assigned are: Donald Trump, Bill Gates, Oprah Winfrey, Martha Stewart, Ted Turner
- Slides: 5