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Standard 14: Entrepreneurship

Standard 14: Entrepreneurship. If you were asked to name an entrepreneur, who would come to mind?. Innovative Entrepreneurs vs. Replicative Entrepreneurs. What resources are used to produce a meal in your favorite restaurant?. What resources did their business require?

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Standard 14: Entrepreneurship

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  1. Standard 14: Entrepreneurship

  2. If you were asked to name an entrepreneur, who would come to mind?

  3. Innovative Entrepreneurs vs. Replicative Entrepreneurs

  4. What resources are used to produce a meal in your favorite restaurant?

  5. What resources did their business require? What risks did they take?

  6. How can entrepreneurs acquire the financial capital to buy the resources needed for their businesses? What would happen to an entrepreneur who does not have access to credit?

  7. Grand Opening Going Out of Business! Everything Must Go! Entrepreneurs in the Marketplace

  8. An Entrepreneurial Society • Tax policies • Government services and public goods • Regulation • Property rights

  9. Explore the Concept… Innovation, Productivity and Economic Growth

  10. Modeling Economic Growth • Productivity rises as a nation • Builds its capital stock • Upgrades workers’ skills • Innovates and introduces new technology

  11. Questions? The views expressed are solely those of the presenter and do not reflect those of the Federal Reserve System or the Federal Reserve Bank of Dallas.

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