18
Lesson 18
Christopher Columbus, Entrepreneur? Queen Isabella, Venture Capitalist?

This lesson uses reader's theater to explore economic elements of Columbus' first voyage. Students are introduced to reader's theater and to key economic concepts associated with this episode from history. Students read a short primer on the fundamentals of investing and a special category of investor -- the venture capitalist. The lesson concludes with a 'decision tree' activity used to determine whether Spain's decision to fund Columbus was a sound investment for venture capital.

Concepts

  • Entrepreneurship
  • Investment
  • Profit
  • Risk

Standards in Economics and Personal Finance

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