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Lesson Plan

Econ Ed Link: Business Ownership: How Sweet It Can Be!

Curated by ACT

In this lesson, students research the three basic types of business organization: sole proprietorships, partnerships, and corporations. Considering the advantages and disadvantages of each, they function as consultants offering advice on which form of business is best suited for different business scenarios.

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Concepts
corporations, business
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Additional Tags
partnerships, sole proprietorships, council for economic education, econedlink, econedlink: business ownership: how sweet it can be!, entrepreneur, entrepreneurship, legal forms of business, risk, types of businesses
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Classroom Considerations
  • Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional