Entrepreneurship and Economics Unit - Open Business Project Based Learning

Rated 4.73 out of 5, based on 324 reviews
324 Ratings
Grade Levels
3rd - 5th, Homeschool
Formats Included
  • Zip
105 pages
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What educators are saying

This was a great way to end the economics unit and keep students interested in learning at the end of the year!
My students enjoyed this unit greatly. I used it with my Family and consumer Science class. The kids were engaged and created some unique projects.
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  1. PROJECT BASED LEARNING (PBL): ECONOMICS BUNDLE : With this pbl ideas bundle, students learn about entrepreneurship, and economics. These student-centered PBL units incorporate collaboration and differentiation by providing student choice. The real-world challenges require students to use inquiry, cr
    Price $35.89Original Price $40.25Save $4.36
  2. This Project Based Learning bundle includes over 50 different units for the whole year and a set of PBL essential elements posters. These PBL units incorporate 21st Century skills with challenging, engaging, and creative activities. There are lots of opportunities for differentiation and technology
    Price $150.00Original Price $288.44Save $138.44


Prepare your future entrepreneurs with this Project Based Learning Entrepreneurship and Economics unit. Students learn about local businesses and how they can build their own small businesses with a business plan and marketing. This Open and Run a Business PBL unit includes differentiation, collaborative learning, technology, research, and 21st-century learning skills. This comprehensive economics and entrepreneurship unit focuses on grades 3-5. (Sixth grade can even benefit.) The activities are perfect to incorporate into any economics unit.


  • This PBL unit incorporates 21st Century skills with challenging, engaging, and creative activities. 
  • There are lots of opportunities for differentiation, cooperative learning, and technology integration. 
  • This real-world challenge requires students to use inquiry, critical thinking, and creative minds during high-interest cross-curricular activities [math, STEM, social studies, ELA].
  • Students love creating their own businesses.
  • Easily adapted for enrichment or gifted students in other grade levels.


  • Centers and stations
  • Real-world learning
  • Review skills
  • Go along with a room transformation
  • More practice
  • Differentiation
  • STEM
  • Deepen learning
  • Integrate 21st-century learning
  • Advanced or independent learners
  • Cooperative/collaborative learning
  • Integrate multi-curricular activities


Resources include books and recommended websites about economics and entrepreneurship

  • What is an Entrepreneur?
  • Character Traits of an Entrepreneur
  • Research on Famous Entrepreneurs
  • Character Traits of an Entrepreneur
  • Henry Ford as an Inventor and Entrepreneur
  • Thomas Edison bio and questions
  • Think Outside the Box activities
  • Questions I Have activity
  • Business Affects Our Lives worksheet
  • Choosing Your Business
  • Starting a Business
  • Brainstorming Goods and Services economics activity
  • Compare and Contrast Goods and Services and Consumers and Producers economics activity
  • Questions About My Business
  • Developing a Driving Question
  • Creating a Business Plan
  • Brainstorming Names of Your Business and Slogans (With Slogan PowerPoint Game)
  • Business Logos
  • Business Plan – Marketing
  • Business Flyer With Pic Collage with sample
  • Business Survey
  • Interview someone in business
  • Business Cards
  • Coupons
  • Song or Jingle
  • Video Commercial
  • Presentation of project
  • Journal Writing
  • Giving Back PowerPoint
  • Pdf Slideshow With Examples
  • Reflections on the project
  • Vocabulary
  • Invitation to the Business Expo (Students can design their own)

Teachers love this activity because it can easily be adapted for enrichment or gifted students in other grade levels.


⭐️⭐️⭐️⭐️⭐️ “My students loved this project! I was looking for some project based learning and this fit my needs. I was able to pick and choose the activities to fit my students' needs and interests."

⭐️⭐️⭐️⭐️⭐️ “This was a hit in my class. We learned about economics and entrepreneurship at the end of the year. Even being the end of the year this project was fun, kept students focused and I was able to still see if students were understanding the topic.”

⭐️⭐️⭐️⭐️⭐️ “I work for a magnet school that focuses on Entrepreneurship. I wanted something my students could work on during small group time to encourage learning about entrepreneurship. I loved the different levels of learning this pack allowed for and how it taught different skills, such as research and writing.”



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Total Pages
105 pages
Answer Key
Teaching Duration
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to see state-specific standards (only available in the US).
Explain patterns in the number of zeros of the product when multiplying a number by powers of 10, and explain patterns in the placement of the decimal point when a decimal is multiplied or divided by a power of 10. Use whole-number exponents to denote powers of 10.
Differentiate between contexts that call for formal English (e.g., presenting ideas) and situations where informal discourse is appropriate (e.g., small-group discussion); use formal English when appropriate to task and situation.
Present information, findings, and supporting evidence such that listeners can follow the line of reasoning and the organization, development, and style are appropriate to task, purpose, and audience.
Demonstrate command of the conventions of standard English grammar and usage when writing or speaking.
Demonstrate command of the conventions of standard English capitalization, punctuation, and spelling when writing.


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