Free Enterprise

Summary
The student creates an idea for a new business and the benefits of that business within the free enterprise system of the United States.

Objectives
• The student understands the characteristics and benefits of the free enterprise system in the United States.

Suggested Grades
4th Grade
5th Grade
6th Grade

Excerpt
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.

Continued...