Building Blocks of Business

Students Get Introduction to Business World
Posted on 10/16/2018
A volunteer describes business vocabulary

Several classrooms at Greenbriar School were immersed in the world of business on Tuesday morning, Oct. 16.

 Students learned about profit, loss, revenue and risk. They talked about different industries and what kind of business they would run if they had the chance. A tabletop game provided different scenarios that can arise from running a hot dog stand: how supplies, prices and customer demand can affect the outcome.

The business lessons were brought to them by 12 volunteers for the Junior Achievement of Chicago program.

“I think start-ups are more prevalent and successful. Getting (students) to see how to play in that space, I think, is important,” said volunteer Christopher Neal who, along with the other volunteers, was taking the morning away from his work at Allstate Insurance Co.

The students learned about different industries, what’s needed to start a business and the many ups and downs of running a hot dog stand in a tabletop game.
A volunteer helps with the hot dog stand game

“It was fun! I didn’t think it was going to be that fun,” said Erin, a fourth-grade student in Ms. Scott’s class.

“My business was Meaty’s. It’s a restaurant, but it serves more than just meat,” said her classmate, Owen.

Junior Achievement of Chicago is a non-profit organization whose mission is to “inspire and prepare young people to succeed.” Many thanks to the Allstate volunteers who participated in the day!
student shows her hot dog stand advertisement

Junior Achievement Volunteers from Allstate