Introduction to Business: The Most Important Lesson in Recent History

The Most Important Lesson in Recent Business History: How Business in Action Helps Students Understand the Causes and Consequences of the Banking Meltdown The banking crisis and the collapse of the housing market remain vital issues because they are still affecting the lives of students and their families, and many of the risks that factored in the meltdown are still in the system. In addition, this multifaceted story is perhaps the single most instructive lesson that anyone can teach or learn about contemporary business because it touches on so many aspects of business management. As tomorrow' business leaders, today's students will face the challenge of preventing similar disasters in the future. Understanding the reasons behind the housing bubble and the subsequent collapse will help them appreciate the complex dynamics of contemporary financial markets and the vital need for informed, ethical business management. After you watch the video, please click the link below for other videos and important links to the web for Introduction to Business instructors, including Business in Action on Pinterest, and Business in Action's Online Magazine. Teaching Business (the site you're on now): http://www.youtube.com/TeachingBusiness Teaching Introduction to Business website with a wealth of classroom materials for instructors: http://introtobusiness.businesscommunicationnetwork.com Teaching Introduction to Business on Pinterest: http://pinterest.com/courtland_bovee/bovee-thill-s-business-in-action-on-pint... Introduction to Business Online Magazine: http://www.scoop.it/t/business-in-action-online-magazine-supplement This video: http://www.youtube.com/watch?v=AnWPpXhpGyo