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Private Ownership and Incentives

Descriptive Overview:. The concept of private ownership in this lesson deals mostly with businesses. Students will learn about corporations, partnerships, and sole proprietorships and how the concept applies to all three. . Lesson Objectives/Goals:. Students will be able to:identify and describe

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Private Ownership and Incentives

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    1. Private Ownership and Incentives Social Studies/Economics

    2. Descriptive Overview: The concept of private ownership in this lesson deals mostly with businesses. Students will learn about corporations, partnerships, and sole proprietorships and how the concept applies to all three.

    3. Lesson Objectives/Goals: Students will be able to: identify and describe a corporation, a partnership, and a sole proprietorship; describe the pros and cons of each; use a community business directory and find examples of private ownership. List and describe incentives business offer to employees and customers.

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