Entrepreneur Person who starts a business in hope of earning a profit. Can you name any??? Mark Zuckerberg Oprah Winfrey Steve Jobs
Kid Entrepreneurs Robert Nay - 14 Made “Bubble Ball” app 2 million downloads within 2 weeks (now at 10.5 million) Ashley Qualls - 14 Whateverlife.com developer for free layouts Grossed over $1 million from Adsense Session 1
So Why Did People Immigrate to the United States? Political Freedom Escape from Poverty Religious Freedom Job Opportunity Adventure Session 1
Pull Factor Reasons that attracted them to a new place Push Factor Circumstances that drove them from their country Session 1 Pushed out Pulled In
Session 1 Activity Do You Stay or Do You Go? (Teacher’s Guide page 13)
Session 1 Activity Who Am I? (Teacher’s Guide page 14) Work in Groups Read summaries on page 2 5 minutes Underline or highlight key points Be ready for JEOPARDY!!!!!!
Session 2 Agriculture Science, art, and business of cultivating soil, producing crops, and raising livestock; farming
Dependence on Agriculture for a Living 1850s2000s Identify states where agriculture still plays an important role. Session 2
Cost Something of value that is given up when making a decision Benefit Something of value received when making a decision Clipping CouponsCost = TimeBenefit = Saved $$ Session 2
Opportunity Cost What must be given up (the next best alternative) when a decision is made. Session 2
Homestead Act Free land to people who agreed to and met requirements: 21 years old or older Head of Household Live on and improve 160-acre parcel for five years (build a home, make improvements) Pay a small filing fee 1 acre is slightly less than a football field. Session 2
Session 6 Communication Entertainment Household Appliances How Have Things Changed? (Then vs. Now)
Session 6 Industrialization and Production Industrialization led to better equipment and machinery which increased productivity.
Session 6 “Necessity is the mother of invention.” (What does this mean?)
Session 6 Scarcity Invention Something of use that is developed for the first time through imagination and experimentation. Innovation Use of creative ideas to improve an existing product or process.