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1. What are the differnet types of business organizations?
2. How does competition effect what is produced in the marketplace?
3. What policies does the government have regarding competition?
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Student Learning Map
- Topic:The Corporate World
- Subject(s):Social Studies
- Days:10
- Grade(s):12
Key Learning:
Businesses can be organized in various ways.
Unit Essential Question(s):
Lesson Essential Question(s):What four elements are involved in every business? (A)What are the advantages and disadvantages of a sole proprietorship, partnership, and corporation? (A)
Lesson Essential Question(s):What are the advantages and disadvantages of a sole proprietorship, partnership, and corporation? (ET)What is the typical structure of a corporation? (A)What are the advantages and disadvantages of corporations? (ET)
Lesson Essential Question(s):What are the five conditions of perfect competition? (A)Explain the differneces between a monopoly and an oligopoly? (ET)Explain why certain types of businesses are commonly involved in franchises. (ET)How has the U.S. government tried to encourage competition in the economy? (ET)
Additional Info:
Textbook: Economics Today and Tomorrow, chapters 8 and 9 as well as related ancillary materials
Resources: