Activity: Destination Start Up

INTRODUCTION

In this lesson students take on the role of entrepreneurs looking for a place to start their business.  They work with a team to research 4 countries and choose the one that is most desirable for their start-up.  After learning about the institutions of economic freedom students compare their rankings with the Economic Freedom of the World Index and discover that the countries most conducive to entrepreneurship are those with high levels of economic freedom.   

ECONOMIC CONCEPTS

Entrepreneurship

Institutions

Property Rights 

Voluntary Trade

Rule of Law

LEARNING OBJECTIVES

At the completion of this activity students will be able to…

• Identify institutions that are conducive to entrepreneurship.
• Explain the relationship between economic freedom and entrepreneurship.
• Predict how policy changes would affect entrepreneurship in a natio