Lesson 1: Business in the US Economy
Duration of Days: 1
Lesson Objective
Describe the changing status of US employment
Discuss the role of business in the US economy
Describe three major types of businesses
What are some of the key roles of a business?
How do the different types of businesses vary?
intermediaries, service business
CTE-Business and Finance Technology; Business management
B. Economics: Describe and apply the decision making process for
allocating scarce resources
16. Explain how change in one component of circular flow of economic activity affects other components.
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