#2 Trends in Entrepreneurship

Standard 2: Using supporting data obtained from public sources such as Bureau of Labor Statistics, explain why entrepreneurship is important to the U.S. economy. Compare and contrast the role of an entrepreneur to that of a manager.


Read page 783- Trends in Entrepreneurship - take notes as you read



Small Business Administration introduction video

Click here to see statistics of small businesses effects on the economy.



Discuss:

1. What is the domestic economy?
2. What is the global economy?
3. What role to entrepreneurs and small business play in the domestic and global economies? 
4. What percentage of adults in the United States is planning to start a new business?
5. How might the availability of technology, increased global communication, the rise of the internet and e-commerce, and an increasingly diversified society and market lead to growth in entrepreneurship?

Review Chapter Info

Chapter 33 PowerPoint Presentation



Federal Government's Small Business Administration
Click on the link to visit the Small Business Administration website.  Hover your mouse over the tabs along the top to see all the areas that the SBA can help entrepreneurs get started.

Do you believe with this kind of help and advice, anyone interested could become an entrepreneur?

Review Key Concepts:
On your own sheet of paper, answer questions 1-5, page 783.  Use complete sentences to answer.