Course: LEARNING-FOCUSED TOOLBOX Date: May 2, 2008 ET Heather Huneycutt Topic: Business and Labor Subject Area(s):Social Studies Key Learning: Days:3 Grade(s):1 0 Goal 8: The learner will analyze features of the economic system of the U.S. Unit Essential Question: Objective 8.07: Identify and describe the roles and functions of various economic institutions adn business organizations. Concept: Concept: Concept: Types of Businesses Labor Unions Businesses in our Economy 8.07 8.07 8.07 Lesson Essential Questions: How do sole proprietorships contribute to the spirit of the United States' economic system? (A) Lesson Essential Questions: What role does organized labor play in protecting workers and how does it impact prices and consumers? (A) Lesson Essential Questions: What are responsibilities of businesses to consumers, owners, employees, and their communities? (A) How does the government protect consumers and small businesses and ensure fair competition? What are the different types of unions? How are negogiations between unions and management conducted? What are the advantages and disadvantages of each type of business organization? How are different types of businesses organized? Vocabulary: Sole proprietorship Unlimited liability Limited life Small Business Administration (SBA), Unlimited liability, Limited life, Small Business Administration (SBA), Partnership, Corporation Financial Capital Articles of Partnership Charter Board of Directors Double taxation Cooperative Limited liability Unlimited life Stock Stock market Dividend Bond Cooperative Franchise Additional Info: Macro-Concepts: Systems Power Micro-Concepts: Economic factors Business model Organized labor Political action Attached Document(s): Vocabulary: Vocabulary: Labor union Craft union Industrial union Social responsibility Transparency Collective bargaining Mediation Discrimination Arbitration Lockout Strike AFL-CIO Closed shop Modified union shop Right-to-work laws Course: LEARNING-FOCUSED TOOLBOX Date: May 2, 2008 ET Heather Huneycutt Vocabulary for Topic: Business Subject Area(s):Social Studies and Labor Concept: Types of Businesses Sole proprietorship Unlimited liability Limited life Small Business Administration (SBA) Unlimited liability Limited life Small Business Administration (SBA) Partnership Corporation Financial Capital Articles of Partnership Charter Board of Directors Double taxation Cooperative Limited liability Unlimited life Stock Stock market Dividend Bond Cooperative Franchise Concept: Labor Unions Labor union Craft union Industrial union Collective bargaining Mediation Arbitration Lockout Strike AFL-CIO Closed shop Modified union shop Right-to-work laws Concept: Businesses in our Economy Social responsibility Transparency Discrimination - Days:3 Grade(s):1 0