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Smart Sally's sweet story
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I want to be a baker
Smart Sally had a good idea. She wanted to open a sweet store and become an entrepreneur. An entrepreneur is a person who starts a business.
First Sally finds a store front to sell her sweets from. To use the space she has to pay rent every month to the landlord.
Where is everyone?
Then she buys what she needs to make her sweets. Like bowls, an oven, Sugar, and milk. These are called capital goods.
Next Sally finds other people who like to cook and hires them. What she pays them is called a salary.
However, business is slow at first and no one comes to her grand opening. Mostly because no one knows about Sally's sweet shop.
But, Sally has a plan. She gives out free sweets to let everyone know about her sweets. By doing this she has increased her population size. Meaning she will be able to sell more
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