EconEdLink

Related Lessons

Lesson: Business Ownership: The Franchise Option


Three Types of Business Organizations

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. The case studies all feature real- life entrepreneurs who started businesses producing chocolate candy and cookies—they all result ultimately in “sweet” success stories. Once students have made their recommendations, they are provided the identities of their clients and asked to prepare reports that tell the rest of the story—what happened to each founder and business. Products featured in this lesson that almost every student will recognize are the Hershey chocolate bar, Mars M&Ms and Famous Amos chocolate cookies.

Grades: 9-12
Published: 04/20/2004

New Sense, Inc. vs. Fish 'Till U Drop or Coase Vs. Pigou

Hot debate and arguments galore whirl around this question: "Which economic approach is the most efficient and fair to resolve utility issues surrounding the use of common or public property?" This lesson will explore, examine and analyze this perplexing question by engaging in an open-ended role play simulation.

Grades: 9-12
Published: 08/05/2005

Marketplace: To Show or Not To Show

This lesson complements an NPR Marketplace segment exploring the effects of the rising costs of insurance for high-profile art exhibits since September 11.

Grades: 9-12
Published: 03/11/2004

Related Publications

The following lessons come from the Council for Economic Education's library of publications. Clicking the publication title or image will take you to the Council for Economic Education Store for more detailed information.


Entrepreneurship Economics

Entrepreneurship Economics introduces high school students to entrepreneurship through a resource market simulation, which demonstrates how entrepreneurship promotes economic activity and benefits society.

Grades: 9-12
Published: 2012

1 out of 12 lessons from this publication relate to this EconEdLink lesson.