Our Region® (Grade 4) introduces students to entrepreneurship and how entrepreneurs use resources to produce goods and services in a community. Students solve problems by weighing risks and rewards.
Session Overviews and Objectives
Session One Am I an Entrepreneur?
Students explore well-known businesses, their origins, and the traits common to the entrepreneurs who started them.
Students will be able to:
· Recognize the impact entrepreneurs have on a community or a region.
· Apply traits common to successful entrepreneurs to their own skills and abilities.
Session Two Regional Resources: Tools for Entrepreneurs Students are introduced to resources and how entrepreneurs use resources to offer products and services in a region.
The students will be able to:
· Recognize natural, human, and capital resources.
· Analyze products and services that can be offered by using resources.
Session Three The Hot Dog Stand Students learn about the fundamental tasks performed by a business owner and play a game that allows them to see money coming in and going out of a business.
· Explain the importance of keeping an accurate account of a business’ financial information.
· Track the revenue and expenses of a business.
· Recognize the fundamental tasks required to run a business.
Session Four Entrepreneurs are Problem Solvers! Students journey through the complex world of business problem solving by weighing potential risks and rewards and tracking the outcome of their choices.
· Apply the business problem-solving process.
· Recognize that there are potential risks and rewards to business decisions.
Session Five My Region in the World Students demonstrate the supply chain through a hands-on manufacturing and trade experience.
· Recognize the interdependence of resource providers, businesses, and consumers.
· Apply the supply chain to a manufacturing example.