
| 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.
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