daily business slides

1. Good Afternoon! Have your lesson 3 packet
out and be ready to go!!
Tuesday, September 17th, 2018
AGENDA FOR THE DAY:
• Today, we’ll first look at lesson 17.3,
“Making Business Decisions,” on pages 466-
471, and do the accompanying worksheet,
which will be due on Thursday, September
19th.
• Make sure and do the chapter review
questions, as the Ch. 17 test will be on
Friday, September 20th. It is an open-note,
open-worksheet, closed-book test, on
Skyward.
• Next, we’ll correct the worksheet for 17.2,
and turn in lesson 2, “Budgeting/Managing
Money.”
• Then, we’ll be continuing lesson 3, “Building
Your Wealth.” resuming our discussion on
investing and the stock market today. When
we’re finished with the lecture, you’ll each
be working independently to define the
different investment terms on the second ½
of the packet. This worksheet will be due
next Tuesday, September 24th.

2. CIVICS IN PRACTICE
HOLT
HOLT, RINEHART AND WINSTON‹#›
The Main Idea
Business owners must make decisions about their use of
natural resources, capital, labor, and
entrepreneurship. Business owners are free to make
these decisions with little interference from the
government.
Reading Focus
 What are the four factors of production?
 What is the government's role in the economy?
Section 3: Making Business Decisions

3. CIVICS IN PRACTICE
HOLT
HOLT, RINEHART AND WINSTON‹#›
The four factors of production:
 Natural resources
 Capital
 Labor
 Entrepreneurship
Section 3: Making Business Decisions

4. CIVICS IN PRACTICE
HOLT
HOLT, RINEHART AND WINSTON‹#›
The four factors of productions are
necessary to the success of business:
 Natural resources—provide physical space and
raw materials for business
 Capital—the money needed to start a business
 Labor—the human effort required for the
business
 Entrepreneurship—initiative, decisions, risks,
and management involved in a business
Section 3: Making Business Decisions

5. CIVICS IN PRACTICE
HOLT
HOLT, RINEHART AND WINSTON‹#›
How government regulates business:
 Protects small businesses from big
corporations (monopolies)
 Protects workers’ health and safety
 Prevents pollution
 Protects consumers from harmful products
and practices
 Ensures equal opportunity employment
Section 3: Making Business Decisions

6. CIVICS IN PRACTICE
HOLT
HOLT, RINEHART AND WINSTON‹#›
Question: What are the four factors of
production?
capital
labor
SECTION 3
natural
resources
entrepreneurship
Factors of
Production

7. CIVICS IN PRACTICE
HOLT
HOLT, RINEHART AND WINSTON‹#›
Chapter 17 Wrap-Up
1. How do the laws of supply and demand affect the prices of
products?
2. What is the free-enterprise system, and what roles do big
businesses play in it?
3. What are the major characteristics of corporations, and
what are their benefits?
4. What are the advantages and disadvantages of preferred
stock and common stock?
5. How are stocks and corporate bonds similar and different?
6. What role does the government play in the U.S. economy?
7. Why must the factors of production be considered when
starting a new business?

8. Growing Your Wealth
LESSON 3

9. Gold/Silver Metals
Risk
• Moderate
• Can buy coins, bars or stocks
• Can have high opportunity cost
versus inflation- it pays
nothings to hold
• Hedge against inflation and
high risk times
Return

10. Gold/Silver Metals

11. Bonds (Loan Money to the government or companies)
Risk
• Varies (must look at the bond rating)
• Ratings go from AAA, AA, A, BBB, BB
etc. all the way to C)- higher the
rating the less risk and lower return.
• Bond values can fluctuate through
supply and demand and interest
rates
• You can always wait to the end of
the mature date on treasury bonds
and get the interest promised.
Return
• Corporate Bonds
• Treasuries
• Municipal