In addition to profits, entrepreneurs respond to other incentives, including the opportunity to be their own boss, the chance to achieve recognition, and the satisfaction of creating new products or improving existing ones. In addition to financial losses, other disincentives to which entrepreneurs respond include the responsibility, long hours, and stress of running a business.
Standard detail
5.
Benchmark
Depth 1Parent ID: 611F0EB0248A4470A68DF45BF128A29AStandard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- 5.
- List ID
- 5.
- Standard ID
- 7750CAB398ED42F1BB96BA54865C70AB
- ASN identifier
- S2604812
- Subject
- Economics
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- 611F0EB0248A4470A68DF45BF128A29A
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US