1951 Companies Sponsor Junior Achievement Programs

The video tutorial explains how Junior Achievers, with guidance from adult advisors, form a company by issuing shares to raise capital. The Board of Directors decides to produce kitchen gadgets. To secure additional funding, they approach a Junior Achievement bank, where they must demonstrate their business is a good risk before obtaining a loan.

What is the significance of issuing shares of stock at $0.50 a share?

What must the bank officers be convinced of regarding the makers of kitchen aids?