Lesson Notes By Weeks and Term - Junior Secondary School 2

National Economy I

SUBJECT:�SOCIAL STUDIES���

CLASS:� JSS2

DATE:

TERM: 3RD TERM

REFERENCES�

  1. SolakatNew Syllabus on Social Studies for Junior Secondary Schools Books 2 by Oluwasola Oyewole
  2. Macmillan Social Studies Book 2 by M.A Oyebanjo, I.O Osokota, R. Acholomu Ayodele Jegede, Ibrahim Bello.

WEEK SIX

TOPIC: National Economy I

PERIOD I: SAVINGS AND WAYS OF SAVING

CONTENT:

Savings may be defined as a way of keeping money and other valuable for use at anytime it is needed.

Traditional Method of Saving:

Before the modern methods or ways of savings, there had been different ways of saving money in the past which included:

  1. Keeping money inside clay pots.
  2. Keeping money in a dug ground.
  3. Entrusted into the care of relatives.
  4. Keeping with money keepers.
  5. Keeping money under the sleeping materials such as mattress and pillow.
  6. Keeping money under the roof of the house

EVALUATION QUESTIONS

  1. Define savings.
  2. What are the traditional methods of savings?

PERIOD II:

TOPIC: Modern Methods Of Saving

CONTENT:

Unlike the ways adopted for savings in the past, the modern ways of saving are more assuring and secured. Modern ways of savings are:

  1. In the banks.
  2. With financial houses.
  3. With cooperatives.
  4. By buying of stocks or shares.

Reasons For Savings

  • To have money for future use.
  • For solving unexpected problems or emergency.
  • For future investment.
  • For safe keeping or security.
  • To avoid wasteful spending.

EVALUATION QUESTIONS

  1. Identify four modern methods of saving.
  2. What are the reasons for saving money?

GENERAL EVALUATION QUESTIONS/REVIEW QUESTIONS

  1. What is the meaning of gender roles?
  2. Give five examples of gender roles.
  3. Mention five factors that influence gender roles.
  4. What is the meaning of gender stereotypes?
  5. Give examples of gender stereotypes.

READING ASSIGNMENT

Macmillan Social Studies Book 2 by M.A. Orebanjo, I.O. Osokoya, R. Acholonu et-al Pages 92-94.

WEEKEND ASSIGNMENT

  1. Savings means A. Keeping money for use at anytime it is needed B. Spending money anytime C. Exchange of goods for goods D. Exchange of money for money.
  2. All the following are modern ways of saving except A. By buying shares B. in the bank C. keeping inside clay pots D. by saving with financial houses.
  3. All the following are reasons for savings except A. To have money for future uses B. For reckless spending C. for future investmentD. For solving unexpected problems
  4. One of the following is not a way of saving in the past A. Keeping inside clay pots B. Keeping in a dug ground C. keeping in the bank D. Keeping money under sleeping materials
  5. Modern ways of savings are A. Not reliable B. Are not trustworthy C. are not assuring and secured D. Are assuring and secured.

THEORY

  1. a. Define savings
  2. Identify three olden days ways of savings.
  3. Give three reasons for savings.


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