Bus 001 - Ch. 5

Why do people become entrepreneurs, according to the text?

• To avoid working for others

• To pursue their own business ideas

• To gain fame and recognition

• To travel the world

What did the Aguirre brothers do at ages 11 and 12?

• Sold strawberries and radishes

• Opened a surf shop

• Provided a surfboard repair service

• Manufactured beach sandals

What percentage of U.S. businesses have no employees?

• 80%

• 89%

• 99.6%

• 50%

How many businesses in the U.S. have fewer than 500 employees?

• 5.8 million

• 23.8 million

• 19,000

• 32.5 million

What inspired Jack Bonneau to start his business?

• A desire to buy a LEGO Star Wars Death Star

• A school project

• A family tradition

• A friend's suggestion

How much did Jack Bonneau initially need to buy his desired toy?

• $400

• $200

• $500

• $300

What was Jack's first business venture?

• A lemonade stand

• A toy store

• A candy shop

• A book stall

How much profit did Jack make from his lemonade stand initially?

• $900

• $500

• $1,000

• $700

Which bank did Jack secure a loan from to expand his business?

• Young Americas Bank

• National Bank of Denver

• Children's Bank of America

• Youth Savings Bank

What was the name of Jack's business after expansion?

• Jack’s Stands

• Jack’s Lemonade

• Jack’s Emporium

• Jack’s Market