About the Free Enterprise Lesson
The student creates an idea for a new business and the benefits of that business within the free enterprise system of the United States.
• The student understands the characteristics and benefits of the free enterprise system in the United States.
1. Teacher organizes the class into four groups: each group will work together to create a new business concept. The group will need to identify and describe the type of service and/or product that will be offered, the cost[s] of the service and/or product, the type of customer that would be interested in the business [customer profile of a typical customer], the benefits of buying their particular service and/or product, the name of the business, pretend phone number and web site address.
2. The group will create and design a brochure to advertise their business using construction paper and markers/color pencils.