Entrepreneurship in North Carolina

Entreprenuership in North Carolina

By Angela Royster

​4.E.1

​In this lesson students will learn about entrepreneurship and business.

​As you listen, be prepared to share two things you learned in today's lesson.

​Profit - when a business makes money

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Entrepreneur - someone who owns a business

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Business - how you/a company makes money (selling goods or services)

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Resources - a stock or supply of money, materials, staff, and other assets that can be used by a person or organization in order to function effectively

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Supply - something needed or wanted

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Demand - how much a purchaser or employer is willing to pay

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Goods - items you can buy (clothes, food and etc)

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Services - ​work that someone does for someone else to get paid

​Vocabulary