What is a Business?

The lesson “What is a Business?” helps to develop motivation and knowledge in children to enable them to be economically self-supporting in the future. The children will gain an understanding of what it means to manage or own a small business, as well as the definition of ‘micro-enterprise.’ Each child will have the opportunity to name a family member, neighbor, or friend who he or she recognizes as a business owner. The lesson includes guided instructions for the teacher, including preparation, a script, and suggested activities to facilitate further learning in a fun and interactive manner. This lesson is designed for children between 6-8 years, and is the 31st lesson in the 2nd Year “Business – Micro-Enterprise” unit.