One of the economic rights that Americans enjoy is the right to become an entrepreneur. In a paragraph of not less than five sentences, tell why you think it is important for people to be free to open their own businesses. Why is it good for the entrepreneur? Why is it good for our nation as a whole?

Answer:

Student responses will vary but should be presented in a paragraph of not less than five sentences and should discuss the benefits of freely being able to open one’s own business, both for the entrepreneur and for the nation as a whole. Possible responses include: opening a business allows the entrepreneur to make money, exercise control over his/her own destiny, and to express his/her creativity. For the nation as whole, entrepreneurship creates jobs, brings new products and ideas to market, and fosters an attitude of possibility within the society