Lesson 107

A Biz: What Is It?

Students play a game called “Profit Bingo” to practice recognizing and calculating gross and net profit.

What Students Learn

  • A business supplies goods or services for money
  • A successful business makes profit when it brings in more money than it spends
  • Businesses can be owned by individuals or groups of individuals

Suggested Time

  • Preview and Episode Viewing: 45 minutes
  • Activity 1: 30 minutes

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