Map Exercise 4-1 You Will Need Four Pens of Different Colors for This

question 52

Essay

Map Exercise 4-1
You will need four pens of different colors for this exercise. Use the outline map that follows:

-Refer to Map Exercise 4-1.
Part 1
Designate the four colonial regions New England, Middle Colonies, The Chesapeake, and The Lower South) by using pens of four different colors to color the colonies in each region.
Part 2
Create a legend for the map to indicate which pen color corresponds to which region.

Understand the concept of first-mover advantage and its impact on business success.

Recognize the importance of a business plan and the key components it should contain.

Identify the different forms of business ownership and the legal implications of each.

Understand the role of operational planning and marketing strategy in a business plan.

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Definitions:

Northwest Ordinance

A significant legislative act passed in 1787 by the Confederation Congress, which set the protocols for the expansion and governance of territories in the Northwest and their path to statehood.

1787

The year notable for the drafting of the United States Constitution at the Philadelphia Convention.

Ordinance of 1784

A law drafted by Thomas Jefferson that regulated land ownership and defined the terms by which western land would be marketed and settled; it established stages of self-government for the West. First Congress would govern a territory; then the territory would be admitted to the Union as a full state.

Slavery

A system where individuals are owned by others, deprived of personal freedom and compelled to work without wages.