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Code · Michigan · Chapter 380 — The Revised School Code

380.1166b Free enterprise and entrepreneurship instruction programs.

217 words·~1 min read·/mi/chapter-380/380-1166b

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380.1166b Free enterprise and entrepreneurship instruction programs.
Sec. 1166b.
(1)Beginning with the 2023-2024 school year, the board of a school district or board of directors of a public school academy is encouraged to ensure that the school district's or public school academy's social studies curriculum for grades 9 to 12 includes a program of instruction in free enterprise and entrepreneurship.
(2)Subsection
(1)does not preclude a school district or public school academy from including instruction described in subsection
(1)in other subject areas or grade levels.
(3)A program of instruction under this section must be project-based and may provide instruction on any of the following subjects:
(a)Business vocabulary, including, at least, entrepreneurship, free enterprise, business finance, goods and services, and innovation.
(b)Entrepreneurs from this state and around the world.
(c)Action activities, including, at least, setting short-term and long-term goals.
(d)Business basics, including, at least, taxes for businesses and corporations, essential skills for business owners, and product- and service-based business ideas.
(e)Creating a student project-based business plan.
(4)As used in this section, "entrepreneur" means an individual who organizes and operates a business or businesses and takes on greater than normal financial risk to do so.
History: Add. 2022, Act 54 , Eff. Mar. 29, 2023
Popular Name: Act 451
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