Business Simulation: Run and operate your own business

Students will learn basic skills and knowledge associated with the agriculture business industry.

$9.00

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Product Description

This is a unique project that allows students to gain hands on experience running their own business. All forms are editable. This allows you to update them as the prices change!
 
Purpose
Students will learn basic skills and knowledge associated with the agriculture business industry. Through a theoretical year long market simulation, that will take two weeks of class time, students will understand how the agriculture business industry works and how certain decisions can alter the market by being in charge of a 200 acre farm run by their own decisions and simulation requirements.
 
 
Includes
  • Teacher Information
  • Student Information
  • Background Information
  • Monthly Market Reports PowerPoint
  • Student WS for Monthly Reports
  • Crop/Animal Tracking Sheet
  • Simulation Grading Rubric
  • Paper Assessment Requirements
 
Objective
  1. Define and describe agriculture business.
  2. Explain the importance of agriculture business and its different sectors.
  3. Determine and explain the difference between fixed cost, variable cost, gross and net income, supply and demand, and opportunity cost.
  4. Describe the different records that should be kept in an agriculture business.
  5. Work in a team to run a farm and work through a year long changing market.

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If you have questions, please reach out! I use these lessons in my own classroom, so feel free to look at my Instagram or Facebook page to get more ideas and inspirations for this lesson and future ones!

Have a fabulous time learning!

~ Bethany

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