The essence and importance of entrepreneurship
Answers are for parents and teachers.
1
Think of an entrepreneur you know or from your neighbourhood (shop, workshop, farm) and find one example in his or her work for each of the four aspects (you need not give a name).
Sample: initiative — idea for a new service; risk-taking — investing money; responsibility — repaying debts on time; drive for novelty — new equipment or product type.
2
Why does the state support entrepreneurship? Write three reasons.
It creates jobs; it gives money to the budget through taxes; it meets people’s needs with goods and services and raises incomes.
3
Sort into “entrepreneurship” or “not entrepreneurship”: a) buying fruit by agreement and reselling it retail for profit; b) a school director’s salary; c) bread baked for the family’s holiday table.
a) entrepreneurship; b) not entrepreneurship (a salary); c) not entrepreneurship (no sale and no profit aim).
4
A small shop earns 8 400 000 so‘m a month and its costs are 6 900 000 so‘m. Find the monthly profit in so‘m.
1500000
5
Short essay (5–6 sentences): “Why can a teenager under 18 not be a full entrepreneur yet may still work on an idea?” — rely on the legal capacity rule.
The answer should say: full capacity starts at 18; before that a teen cannot make large transactions alone but can work on ideas, plans and learning and take part in family or school projects.