# Lesson Plan: Public Corporation
## Objective:
By the end of this lesson, students will be able to understand the concept, characteristics, functions, and examples of public corporations.
## Grade Level:
Senior Secondary 2
## Duration:
90 minutes
## Materials Needed:
- Whiteboard and markers
- Projector and computer for presentation
- Handouts with key points on public corporations
- Internet access for research
- Chart paper and markers for group activities
## Lesson Outline:
### Introduction (10 minutes)
1. **Greeting and Introduction:**
- Welcome students and introduce the topic of the lesson: Public Corporations.
- Briefly explain the importance of understanding public corporations in the context of government and economics.
2. **Learning Objectives:**
- Explain the objectives of today's lesson:
- Define a public corporation.
- Identify the characteristics of public corporations.
- Explain the functions and roles of public corporations in the economy.
- Provide examples of public corporations both locally and internationally.
### Body of Lesson (60 minutes)
#### 1. Definition and Characteristics (15 minutes)
- **Definition:**
- A public corporation is an organization created by the government to undertake commercial activities on behalf of the government.
- **Characteristics:**
- Owned by the government.
- Created by a legislative act or charter.
- Has its own corporate entity and legal identity.
- Limited liability.
- Professional management.
- Focus on providing public goods and services rather than profit maximization.
- **Activity:**
- Divide students into small groups and provide a list of different organizations. Ask them to identify which ones are public corporations and justify their answers.
#### 2. Functions and Roles (20 minutes)
- **Functions:**
- Providing essential services (e.g., electricity, water supply).
- Promoting economic development.
- Managing and operating monopolies (e.g., postal services).
- Generating revenue for the government.
- Ensuring fair prices and protecting consumers.
- **Roles:**
- Stimulating economic growth.
- Creating employment opportunities.
- Facilitating the development of infrastructure.
- **Interactive Discussion:**
- Engage students in a discussion about how public corporations impact their daily lives and the economy. Encourage them to share any experiences they have with public services.
#### 3. Examples of Public Corporations (15 minutes)
- **Local Examples:**
- Nigeria: Nigerian National Petroleum Corporation (NNPC), Nigerian Electric Power Authority (NEPA)
- United States: United States Postal Service (USPS), Tennessee Valley Authority (TVA)
- **International Examples:**
- United Kingdom: BBC (British Broadcasting Corporation)
- France: SNCF (Société Nationale des Chemins de fer Français)
- **Research Activity:**
- Assign students to use the internet to find one local and one international example of a public corporation, including their functions and impact on the populace. Each group will present their findings briefly.
### Conclusion (10 minutes)
1. **Recap:**
- Summarize the key points covered in the lesson: definition, characteristics, functions, roles, and examples of public corporations.
2. **Questions and Answers:**
- Open the floor for students to ask any questions or clarify doubts.
3. **Assessment:**
- Hand out a brief quiz to assess students' understanding of the lesson content. Questions could include multiple-choice, true/false, and short answer formats.
4. **Homework:**
- Assign students to write an essay on the impact of a specific public corporation on their local community, providing both positive and negative aspects.
### Reflection (5 minutes)
1. **Teacher's Reflection:**
- Assess what worked well during the lesson and what could be improved for future lessons.
- Note any particular student engagement or areas where students struggled.
2. **Student Feedback:**
- Ask students to write a brief note on what they learned and what they found most interesting or challenging.
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This lesson plan should engage students in both understanding the theory behind public corporations and applying this understanding to real-world examples.