Requirement 1

American Business Merit Badge

Do the following:

  1. Explain four features of the free enterprise system in the United States. Tell its benefits and responsibilities. Describe the difference between freedom and license. Tell how the Scout Oath and Law apply to business and free enterprise.
  2. Describe the Industrial Revolution: Tell about the major developments that marked the start of the modern industrial era in the United States. Tell about five people who had a great influence on business or industry in the United States. Tell what each did.

Resources:

Free Enterprise System

Scout Oath and Law

Industrial Revolution

Business Legends