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Lessons on Concept 'Profit' for K-5

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Inventors: Dreaming Up New Ideas
Grade 4-8 / EconFun: Students will read and discuss the historical book, A Head Full of Notions, about Robert Fulton. They will differentiate between inventors and entrepreneurs, describe the incentives that motivate them, and explore the important contributions they make to society’s standard of living. This is Lesson 7 of Adventures in Economics and U.S. History, Volume 2