Lesson 1
Entrepreneurship's Many Beneficiaries

This lesson introduces students to entrepreneurship and asks them to consider the benefits of entrepreneurial activity. Students will investigate how entrepreneurs benefit those who supply resources. By simulating a resource market, with an increasing number of businesses demanding a fixed amount of resources, students will trace the positive effect on suppliers' revenues. Finally, students will examine the benefits to workers by comparing the number of jobs created by small and large businesses.


  • Command Economy
  • Competition
  • Factors of Production
  • Market
  • Market Economy
  • Production

Standards in Economics and Personal Finance

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