Skip to content
The Role and Impact of Business
Business Studies · Grade 10 · Business Fundamentals · 1.º Período

The Role and Impact of Business

An introduction to needs, wants, and how businesses satisfy consumer demands while impacting the local and global economy.

Ontario Curriculum ExpectationsBBI2O - Business Fundamentals: Demonstrate an understanding of how businesses respond to needs, wants, supply, and demand.BBI2O - Business Fundamentals: Compare types of businesses.

About This Topic

An introduction to needs, wants, and how businesses satisfy consumer demands while impacting the local and global economy.

Key Questions

  1. What is the difference between needs and wants?
  2. How do businesses impact our daily lives?
  3. What role does supply and demand play in the economy?