Unit 3: business Organization and market structures
The following resources are provided to you to supplement the information and activities that we will use in class.
PPT Business Organizations |
PPT Market Structures |
Market Structure PPT |
Econ Teacher Notes |
Market Structures Worksheet |
Business Organizations Handout |
Learning Goals
1. Identify 3 major forms of Business Organization:
(a) #of owners
(b) liability
(c) Lifespan
(d) Decision-making
(e) Taxation
2. Identify 4 major types of Market Structures:
(a) #Sellers in the Market
(b) Barriers to Entry into the Market
(c) Amount of Control over Prices of Products
(d) Product Differentiation from Firm to Firm
1. Identify 3 major forms of Business Organization:
- Sole Proprietorship
- Partnership
- Corporation
(a) #of owners
(b) liability
(c) Lifespan
(d) Decision-making
(e) Taxation
2. Identify 4 major types of Market Structures:
- Pure Competition
- Monopolistic Competition
- Oligopoly
- Monopoly
(a) #Sellers in the Market
(b) Barriers to Entry into the Market
(c) Amount of Control over Prices of Products
(d) Product Differentiation from Firm to Firm