{"id":372,"date":"2015-04-21T20:51:53","date_gmt":"2015-04-21T20:51:53","guid":{"rendered":"https:\/\/courses.candelalearning.com\/masterybusiness1xngcxmaster\/?post_type=chapter&p=372"},"modified":"2015-07-11T23:16:03","modified_gmt":"2015-07-11T23:16:03","slug":"the-role-of-entrepreneurs","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/chapter\/the-role-of-entrepreneurs\/","title":{"raw":"Outcome: The Role of Entrepreneurs","rendered":"Outcome: The Role of Entrepreneurs"},"content":{"raw":"

What you\u2019ll learn to do:\u00a0identify the role entrepreneurs (past and present) play in small businesses and economic growth<\/h2>\r\nEntrepreneurs are the fuel that drive small businesses and, in turn, much of the U.S. and world's economies. Their creativity and willingness to take a risk or follow a dream generate jobs, personal wealth, and national economic prosperity. No doubt you recognize the product shown\u00a0below:\r\n\r\n\"Photo\r\n\r\nBut . . . did you know that it originated here?\r\n\r\n\"Black-and-white<\/a>\r\n\r\nBelieve it or not,\u00a0Henry Ford gave us not only\u00a0the Ford Motor Company but also Kingsford Charcoal.\u00a0Henry Ford learned of a process for turning wood scraps from the production of Model Ts into charcoal briquets. So, he built a charcoal plant\u2014and the rest is history. \u00a0Read more about it here<\/a>, and find out\u00a0more about the role of entrepreneurs in the economy\u00a0from the learning activity\u00a0below.\r\n

LEARNING ACTIVITIES<\/h3>\r\nThe learning activities for this section include:\r\n