An entrepreneur is a person who starts a new _____.

Before opening her bakery, Ana had to decide what baked goods to sell and what to charge for them. Making these choices is something a(n) _____ does.

Carlos buys an oven and a delivery bike for his new pizza shop. Tools and machines that a business uses to make goods or services are called _____.

Unlike an employee, an entrepreneur does not get a paycheck that is guaranteed every week. Instead, her income depends on _____.

Before Dev can open his skateboard shop, he must choose a good spot where customers will see it. Choosing where to open a business is part of _____.

Mrs. Lin opens a new toy store, but few people in town know it is there. What could she do to bring in customers?

An entrepreneur is responsible for fixing problems in her own business, such as a broken freezer. An employee at the same shop is usually responsible only for _____.

Diego spends extra hours in the evening doing the bookkeeping and planning for the shop he owns. Why might an entrepreneur work more hours than one of his employees?

Who decides what time a new diner opens and closes each day?

A storm cracks the front window of Mei's flower shop. Because Mei is the entrepreneur who owns the shop, who must pay to fix it?

Rosa uses her own savings to open a flower shop she will run herself. Rosa is a(n) _____.

Luis is paid by the hour to make sandwiches at a deli that someone else started. Luis is a(n) _____.

Starting a business is risky because the entrepreneur might _____.

A person who makes goods or provides services is called a producer.

When two shops on the same street sell the same toys, they compete for customers.

Henry Ford started a company that built which goods?

Before opening a new shop, an entrepreneur must choose a name that customers will remember. Picking the shop's name is part of _____.

Sam Walton started a business that grew into a chain of what?

Madam C.J. Walker started a company that made and sold _____.

Milton Hershey started a company known for making _____.

If a shop raises its prices too high, fewer customers may buy from it.

An entrepreneur opens a shoe repair shop and hires two workers. Those two workers are the shop's _____.

A new bus company opens in town. What does this business provide for people?

Ana has never run a business before, but she decides to open a shop anyway, not knowing whether it will succeed. This shows an entrepreneur must be willing to _____.

After Ana pays for her oven, ingredients, and rent, she has money left over from selling bread. What is that leftover money called?

Why does faster transportation help a fruit farmer sell to faraway cities?

Priya keeps track of how much money her cafe earns and spends every week. Why does an entrepreneur like Priya do this?

A person who buys goods at a store is called an entrepreneur.

The money an employee earns for doing a job is called a wage.

An entrepreneur is a worker who is paid a wage by a boss every week.

Jamal mows lawns using his own mower and sets his own prices. Jamal is acting as a(n) _____.

An entrepreneur borrows money from a bank to open his shop. What must he do with that money later?

Two friends start a bike repair shop together. If the shop loses money, who is responsible for that loss?

A town had no bookstore until Mrs. Park started one. How did her new business help the town?

What does an entrepreneur do that an employee does not do?

Sofia's new juice shop sold very little juice, so she had to close it. This shows that starting a business has _____.

A new bakery opens where there was none before. Besides selling bread, what else does the entrepreneur's new business likely do for the town?

Sam Walton's stores sold many goods at low prices in small towns. What did shoppers there gain?

Henry Ford wanted cars that many families could afford. How did his moving assembly line help?

Maria wants to start a lemonade stand this summer. What must she do first?