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Georgia standard · Social Studies

`SSEMI3`Business and Market Structures

Explain the organization and role of business and analyze the four types of market structures in the U.S. economy.

Appears in: Social Studies, High School

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Expectations

SSEMI3a
Compare and contrast three forms of business organization—sole proprietorship, partnership, and corporation with regards to number of owners, liability, lifespan, decision-making, and taxation.
SSEMI3b
Identify the basic characteristics of monopoly, oligopoly, monopolistic competition, and pure (perfect) competition with regards to number of sellers, barriers to entry, price control, and product differentiation.

Georgia Milestones coverage

No Georgia Milestones blueprint cites this standard.