The purpose of this activity is to address Economic Concepts, including costs and benefits of owning and operating a business, realizing that being your own boss involves trade-offs, examining the incentives for starting a business, as well as the opportunity costs involved.

The activity supports the Entrepreneurship Content Standards/Performance Indicators as follows: A.04 Determine opportunities for venture creation, B.19 Make decisions, B.26 Use Feedback for personal growth, D.01 Explain the nature of effective communications, D.08 Make Oral Presentations, F.06 Determine forms of economic utility created by business activities, F.10 Describe cot/benefit analysis

This resource is part of the Entrepreneurship Learning Activities collection.

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