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L E S S O N 1 0 A Garage is for More Than Parking a Car
Time to Teach
SLIDE 10A
Workbook This lesson corresponds to The 21st Century Student's Guide to Financial Literacy, student workbook, Chapter 10. Suggested Videos and Additional Resources • Bloomberg Brink (www.bloomberg.com/video/bloomberg-brink) Riverhead Books, Where Good Ideas Come From by Steven Johnson (www.youtube.com/watch?v=NugRZGDbPFU) (4:06) • Mythical Morning, 6 Dumbest Patents of All Time (www.youtube.com/watch?v=GYfPx0eeGeA) (11:02) Note: As of this writing, the two countries that out-innovate the U.S. are identified by Bloomberg Business and Financial News as Sweden and South Korea. That could change from year-to-year, so it’s a good idea to fact check prior to instruction (Bloomberg, Global Innovation Index ), and alter the Presentation of Content if necessary. PRODUCT PREVIEW Link to highly recommended videos organized by lesson at www.c21student.com/ you-tube-lesson-links/ Materials List Computer/smartboard Webslides (www.c21student.com)
What Does That Mean? Term
SLIDE 10B-E
Definition
startup
the early stages of a business enterprise.
entrepreneur
someone who organizes, manages, and assumes the financial risks of a business or enterprise in order to make a profit. organization that nurtures the success of startups by providing expertise, advice, mentorship, networking and sometimes financial assistance. what remains after total costs are deducted from total revenue; the measure of success of a business.
business incubator
profit
Lesson 10 | A Garage is for More Than Parking a Car 170
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