Overview of Today’s Class
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Introducing Junior Achievement
Discussion of today’s concept: starting a
business
Activity in groups – what’s your big idea?
Review what we learned today
Introducing Junior Achievement
Why it’s important
Today’s concept: Starting a business
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Let’s brainstorm some
businesses
What is a business?
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An organization that sells goods or services to
make a profit.
What’s a good? What’s a service?
What’s a profit?
Where do businesses come from?
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People with ideas
The people who start new businesses based on
their ideas are called entrepreneurs
What makes entrepreneurs special?
Innovation!
Free enterprise
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Have you heard of the “free enterprise system”?
The kind of economy that lets people start new
businesses based on their own ideas is called a
free enterprise system
That kind of system also lets people choose
what kind of job they want to do, and what kind
of goods or services they want to buy.
In a free enterprise system, how do
businesses convince people to buy
their goods or services?
Advertising
Activity – What’s your big idea?
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We’ll divide into groups of about four students
Each group will get a business topic card
Read the card and the questions about making a
new business based on your ideas
As a team, come up with a new business idea
and an advertising plan to convince people to
buy it
Pick a representative to present your idea to try
convince the class to buy it
Review
Businesses
 Goods
 Services
 Profit
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Entrepreneur
 Innovation
 Free Enterprise
 Advertising
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