Register for the upcoming webinar Introducing the New 5th Edition AP Economics Curriculum on August 17th at 5pm ET

Grade 9-12
On-Demand Webinar

Ethics, Economics, and Social Issues: Do Businesses have a Social Responsibility?

April 12 5:00-6:00pm ET
Time: 60 mins,
Updated: April 25 2023,
Presenter: Chris Cannon


After completing this lesson teachers will be able to:

  • Compare and contrast views on the social responsibility of business.
  • Evaluate the responsibilities of business.

This video is available to view for EconEdLink members only.


Through a short simulation, a primary source discussion, and creating a verbal pitch for a company’s board of directors, participants consider perspectives related to whether or not businesses have a social responsibility. The simulation specifically uses volunteerism and charitable donations as examples of actions that might be considered social responsibility. Participants experience how companies have competing interests in how to use their resources and what benefits and costs are involved with allocating resources to social responsibility.