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Life SkillsEntrepreneurshipAges 9–11

Scaling Up

What happens when a small business grows; making more products, hiring people, reaching more customers; the challenges and opportunities of scaling

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Federal Reserve Education · Practice link — not the full lesson

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Teaching Resources supports Scaling Up. An adult previews and guides; this is a learning page, not a scored quiz.

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Public Federal Reserve Education page. An anonymous GET on 2026-11-12 returned HTTP 200 with no login or payment prompt for this URL. Opening the link does not save practice or assess mastery. An adult should preview and guide the learner.

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Check understanding

  • Describe what 'scaling up' means for a business
  • Identify at least two challenges of growing a business (need more money, more people, more materials)
  • Explain how a lemonade stand could grow into a bigger business step by step
“Could your child explain what would need to change if their small school-fair business became so popular that lots more people wanted to buy from them?”

Curriculum record

Type
Conceptual
Subject
Life Skills
Domain
Entrepreneurship
Age range
Ages 9–11