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Introduction to Entrepreneurship

This worksheet introduces sixth-grade students to the basic concepts of entrepreneurship, including identifying entrepreneurs, understanding risks and rewards, and recognizing key characteristics.

Grade 6 Social studies EconomicsEntrepreneurship
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Includes

Multiple ChoiceFill in the BlanksTrue / FalseShort AnswerWord Bank

Standards

C3.D2.Eco.1.6-8C3.D2.Eco.2.6-8

Topics

entrepreneurshipeconomicssocial studiesgrade 6
7 sections · Free to use · Printable
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Introduction to Entrepreneurship

Name:

Date:

Score:

Read each question carefully and answer to the best of your ability.

1. What is an entrepreneur?

a

Someone who buys products from stores.

b

Someone who starts a new business, taking on financial risks in the hope of profit.

c

Someone who works for a large company.

d

Someone who invests in the stock market.

2. Which of the following is a characteristic of a successful entrepreneur?

a

Fearful of taking risks

b

Lacks creativity

c

Innovative and determined

d

Prefers to follow others

3. The primary goal of an entrepreneur is to make a  .

4. Entrepreneurs often face   such as losing money or the business failing.

5. All entrepreneurs become rich and famous.

T

True

F

False

6. Entrepreneurs create jobs for other people.

T

True

F

False

7. Describe one advantage and one disadvantage of being an entrepreneur.

Use the words below to complete the sentences.

innovative
risk
profit
opportunity

8. An entrepreneur looks for a business   to create something new.

9. Taking a   is a common part of starting a new business.