Create your Own Paycheck

Starting Your Own Business

In the first unit of Economics we have looked at the element of scarcity and the idea that scarcity forces each individual to make choices. As a result of those choices, the individual also incurs an opportunity cost. What is it that we give up, when we choose one option over another? As seniors you are looking forward to a life filled with many choices not yet made. The world is still your prize, if you choose wisely.

In this project, I am asking you to write your own paycheck by creating your own business. I am asking you to become an entrepreneur. Entrepreneurship is perhaps the most valuable resource any country can possess. It is the factor of production that causes our economy to grow. It creates new businesses and spurs on productivity. Entrepreneurship creates jobs and wealth for your generation. 
 


[The Assignment Page] [Grading Rubric] [ Business Review ]