Mr. Sweetman

Basic Economics and Entrepreneurship Assignment: Social Studies 9. 1) Create a list of ten business ideas including production of or sales of goods and or services which are in demand. 2) Create a brief business plan including the who, what, where, when, and why of your business. 3) Create a list of at least ten expenses your business will have starting up, and be sure to estimate the cost of each expense. 4) Looking at your expenses decide where you would need to get a loan from and what your interest rate would be? Bank loan, Line of Credit, or Credit Card? Include a monthly loan payment into your expenses.

This is a Social Studies assignment which has students think about economic empowerment in the future. It meets Nova Scotia's Social Studies 7 curriculum outcomes 7.2.3. Links we reviewed and discussed in class before starting the assignment: Did You Know How much money will PSY make from ‘Gangnam Style’? Top Earning Blogs – Make Money Online Blogging Part A)  You must demonstrate your knowledge of how to economically empower yourself using technology. Using Powerpoint, Animoto.com (video), or Mindjet.com (Graphic Organizer) you need to create a guide on how to do one of the following. a) How to sell goods on eBay? Create a five step guide on how to sell products on eBay. b) How to make money using YouTube? Create a five step guide on how to monetize a YouTube account. c) How to make money blogging? Create a five step guide on how to monetize a blog. d) Come up with your own topic? This must be approved by Mr. Sweetm...

Social Studies 7 Outcome: 7.2.2 Step One: Please find a definition of poverty and poverty cycle. Place these in your chapter four vocabulary. Step Two : If you haven't already please watch the following video:  Poverty Cycle Following issues are related to poverty: • Landlessness (no land to live on) • Unemployment (no job) • Size of families (Too many children to support) • Illiteracy or lack of education  (Can't read) • Poor health/malnutrition (people are sick) •  Landlessness   (no land to live on) : In many places land has been taken away from people by wealthy investors.  This means that the poorer people will not be able to have create farms to support themselves.  It also means that people are unable to afford housing and basic shelter.  Development organisations, we are extremely concerned about this and frequently hear firsthand accounts from the communities with which we work in clamouring for protection....