3.2 Business Growth and Expansion
Unit 1 Lesson 8: Business Growth and Expansion
Main Idea
Businesses grow through merging with other companies and by investing in the machinery, tools, and equipment used to produce goods and services.
Lesson Objectives
By the end of this lesson, students should be able to:
Businesses grow through merging with other companies and by investing in the machinery, tools, and equipment used to produce goods and services.
Lesson Objectives
By the end of this lesson, students should be able to:
- Describe how businesses can reinvest their profits to grow and expand.
- Describe the reasons that cause firms to merge.
- Describe two different types of mergers.
Reading Assignment
Read pages 68-73 in Economics: Principles & Practices. Complete the Guided Reading Activity (print it) as you read. Turn it in after you have completed it.