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        9-13+

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        Part of Annenberg Learner
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        Growth and Entrepreneurship | The Economics Classroom: Workshop 8

        This one hour video workshop explores entrepreneurial activity, what it is, who does it and what conditions are necessary to make it flourish. Students explore what makes some countries rich and others less so, and why it is not always necessary that a nation's natural resources determine whether that country will be rich or not. Finally, we explore the tradeoff of copyrights and patents, in which ideas are protected from competition in order to create incentives for innovation. We examine recent case histories such as Napster that test that tradeoff.

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