Intro to Business: Competition Lesson

🎓 Intro to Business: Competition | Full Lecture Video (Unit 6)
Welcome to Kloeker’s Education Foundation, where we provide quality content for amazing teachers. In this video, we break down the key elements of business competition—from how it works to why it matters—in a private enterprise system.

🧠 What You’ll Learn in This Lesson:

The difference between direct and indirect competition

How price and nonprice competition impact business strategy

The four major market structures: perfect competition, monopolistic competition, oligopoly, and monopoly

Why regulated monopolies exist and how the government controls unfair business practices

Key antitrust laws: Sherman Act, Clayton Act, FTC, Robinson-Patman, and Celler-Kefauver

How competition benefits businesses (efficiency and innovation), consumers (better prices and choices), and society (economic growth)

A real-world ethical dilemma in The Gray Zone — should large corporations be allowed to crush small competitors?

📥 Companion materials available:
PowerPoint, lecture notes, vocabulary, handouts, activities, and assessments can be found in the
👉 Intro to Business: Competition Unit 6 Bundle on Teachers Pay Teachers

🔗 Link to PowerPoint:
https://www.teacherspayteachers.com/Product/Intro-to-Business-Competition-PowerPoint-13712703

🔗 Link to Unit:
https://www.teacherspayteachers.com/Product/Intro-to-Business-Competition-Unit-6-Bundle-13712747

🔗 Link to Store:
https://www.teacherspayteachers.com/store/kloekers-education-foundation

📌 Ideal for high school business or CTE students, this lecture aligns with TEKS and national business education standards.

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