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objective: i can identify the different ways that industrialists and financiers gained power and money. vocabulary chart directions: use pages 582 - 599 to help you complete the vocabulary. entrepreneurship definition (entrepreneurship) is the process of starting and running a new business, involving innovation, risk - taking, and value - creation write the word in a sentence using historical context.
Entrepreneurship in historical context could refer to how industrial - era entrepreneurs started businesses. For example, during the Industrial Revolution, entrepreneurs like Andrew Carnegie started steel - making businesses, taking risks, innovating in production methods, and creating great value.
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In the 19th - century Industrial Revolution, entrepreneurship led Andrew Carnegie to build a vast steel empire by innovating production and taking risks.