PREVFinLit1 - IG (80p Protected Preview)

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Small Business Administration

SBA; an independent agency of the federal government which promotes, aids, counsels, assists, and protects the interests of small business. an online, interactive tool developed by the Harvard Business School and U.S. Department of Commerce providing data to study the economic performance of U.S. business clusters. policies and practices designed to attract business to a particular geographical region, and foster the development and success of an industry cluster.

U.S. Cluster Mapping Project

cluster initiative

SiliconValley PRODUCT PREVIEW The Port ofSeattle TorreyPinesMesa, SanDiego Boston’sRoute 128 Triangle Park,NorthCarolina Detroit Lesson Objectives By the end of this lesson the student will be able to: 1. Explain how businesses that make up commerce are grouped for analysis and comparison. 2. List the benefits of industry clusters. 3. Locate industry cluster data using a cluster map. 4. Tell about the purpose of the Davos World Economic Forum. Gaining Attention Highlight on a map or read aloud the names of the places listed below. Engage students in a discussion: Does anyone know what these places have in common? Silicon Valley Boston’s Route 128 Detroit Triangle Park, North Carolina Torrey Pines Mesa, San Diego The Port of Seattle HongKongScience and Technology Park

SLIDE 8F

SLIDE 8G

Hong Kong Science and Technology Park Take guesses and advise students that they will find out in this lesson.

Communicating Objectives By the conclusion of this lesson, you will be able to explain how businesses making up commerce are grouped for analysis and comparison. You’ll be able to list the benefits of industry clusters, and use a cluster map to locate business cluster data. You’ll also be able to tell about the purpose of the World Economic Forum.

Lesson 8 | Commerce = the Sum of Many Parts 128

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