Can collect data from adults regarding their reasons for working, analyze the data, and generalize about why people work. They recognize opportunities, like working for themselves, and accept challenges. Can read a children's book about an entrepreneur. Identify the main character's entrepreneurial characteristics and compare their own entrepreneurial characteristics with those of the main character. Understands an invention is a new product.
Innovation is the introduction of an invention into a use that has economic value.
Can identify three examples each of inventions and innovations. Understands entrepreneurs often are innovative. They attempt to solve problems by developing and marketing new or improved products. Can solve a problem by creating a new use for an existing product such as a wire coat hanger, thimble, or should pads. Also develop an advertising campaign for their new product.