1. Describe the changing status of U.S. employment
5.1
Goals
Describe the changing status of U.S. employment
Discuss the role of business in the U.S. economy
Describe three major types of businesses

2. 5.1
The Main Idea
This lesson describes changes that have occurred in the U.S. employment and changes in the types and numbers of businesses.

3. What do you know about current businesses and the economy?
5.1
What do you know about current businesses and the economy?
Pre-Test – With one partner complete the pre-test.

4. Partner Activity Partner up! (groups of 3) Aluminum Foil Activity
5.1
Partner Activity
Partner up! (groups of 3)
Aluminum Foil Activity
Each student to get 5 pieces of foil
Create a product out of aluminum foil
Create a sales pitch to share with the class that highlights your product
Electronically, create a list of the six basic activities YOU FEEL businesses perform. Save as “6 business activities” in Google drive with your group member’s names

5. Employment Data in the U.S.
5.1
Employment Data in the U.S.
US Employment Data handout

6. Employment Data in the U.S.
5.1
Employment Data in the U.S.
What year kicked off the start of the baby boomers?

7. Employment Data in the U.S.
5.1
Employment Data in the U.S.
In 2014 what percent of jobs are held by women?
Statistics
47%

8. What Percent of U.S. Workforce is made up of Contingent Workers?
5.1
What Percent of U.S. Workforce is made up of Contingent Workers?
Contingent worker
Has no contract for long-term employment
30%

9. Business and the Economy
5.1
Business and the Economy
In 2013, businesses worldwide produced ??? trillion of goods and services.
How many zeros is that?
US responsible for $16 trillion
$75 trillion
12. $75,000,000,000,000

10. Business and the Economy
5.1
Business and the Economy
Put these in order from largest to smallest according to the amount of employees US businesses have:
20-99
No Employee/Owner only
1-9
20-99
Greater than 100
No Employee/Owner Only
1-19
>100

11. Size of Businesses

12. ICEBAM Roles of Businesses pg 104
5.1
Roles of Businesses pg 104
What are the six basic activities that businesses perform?
Generating Ideas
Raising capital
Employing and training personnel
Buying goods and services
Maintaining business records (Accounting)
Marketing goods and services (Marketing)
ICEBAM

13. Interesting article
Go to my wiki, read “9 Careers on the Way Out”
Discuss

14. 5.1
Types of Businesses
Producers
Intermediaries
Service business

15. 5.1
Types of Businesses
Producers- create the products and services used by individuals and other businesses

16. 5.1
Intermediaries
*The most common types of intermediaries are retailers and wholesalers.
Intermediaries
Businesses involved in selling the goods and services of producers to consumers and other businesses

17. Producers/Intermediaries example
5.1
Producers/Intermediaries example
Coleman Tents (Producer)
Intermediary (Retailer)
Consumer

18. Service business Ex: Dentists, doctors, lawyers, painters, pet sitters
5.1
Service business
Ex:
Dentists, doctors, lawyers, painters, pet sitters
Fastest growing part of the economy.
More than 60% of all U.S. employment is in service-producing
Service business
Carries out activities that are consumed by its customers.

19. 5.1
Services example
Dentist
(Service business)
You
(Consumer)

20. Types of Businesses Activity
5.1
Types of Businesses Activity
With a partner:
Using the internet, in 10 minutes, create three lists (handwritten) of businesses in York County , by organizing them into types. Producers/Intermediary/Service
The team with the most correct businesses wins!