I. Bellwork:  Q&A

• What do you believe is the most difficult part of starting a new business?  Explain
• Which is more important having a good product or a good location?  Explain

II.   Objective:

• Examine the importance of entrepreneurs in a market economy as they attempt to obtain capital and financing to support their endeavors.
• Demonstrate understanding of written, spoken, or visual information by restating, paraphrasing, summarizing, critiquing, or composing a personal response.

III.  Chapter4 Retake on Thursday during conferences 4:00-6:00 pm

• I will be here for night school today after school

IV.   Classwork:  Anyone playing with their phone or being disruptive will receive a zero and detention when I return.

• Shark Tank – Season 7 Episode 3

  • YouTube Link: https://www.youtube.com/watch?v=LjG1yOXAmaQ

  • ABC link

Write down the questions below.  Answer the questions for each entrepreneur (4) and turn them in today.

1. What is the product/service or idea?
2. What is the entrepreneur asking for and what are they willing to give up?
3. What decision was made?
4. Explain your opinion on the product and deal that was or wasn’t made. 1-2 sentences

 

Economics F2015