3
Lesson 3
The Entrepreneur and the Supply Chain
This lesson will introduce students to the concept of the supply chain by tracing the journey of an "everyday product" from nature to the classroom. By analyzing this "everyday product" and reading a case study about a growing business, students will identify the four main types of businesses that compose the supply chain (manufacturers, wholesalers, retailers, and service providers) and explore the role local resources and assets play in business development. Finally, students will explore resources and assets in their local community and identify opportunities for entrepreneurs to build businesses using the local supply chain.
Concepts
- Asset
- Resources
Standards in Economics and Personal Finance
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