Read What is an entrepreneur? and have students complete the exercise at the end in groups. Discuss highlights as a class.

Read The importance of small business to the US economy and find a current figure for small business percentage of our gross domestic product (GDP).

Read US Small Business Economics and Small Business Survey. Discuss the effect of COVID-19 restrictions on the health of our small businesses.

Learning Targets:

• I can list the three characteristics of entrepreneurial activity.
• I can define small business.
• I can discuss the contribution of small businesses to the U.S. economy.