Business Studies - Junior Secondary 1

TERM: 1^ST TERM

WEEK EIGHT

Class: Junior Secondary School 1

Age: 12 years

Duration: 40 minutes of 5 periods each

Date:

Subject: BUSINESS STUDIES

Topic: DIVISIONS OF COMMERCE

SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to

I.) Classify Commerce

II.) Differentiate between Home and Foreign Trades

III.) Explain Import and Export Trades

IV.) List Products involved in Home and Trade

V.) List Products involved in Foreign Trade

INSTRUCTIONAL TECHNIQUES: Identification, explanation, questions and answers, demonstration, videos from source

INSTRUCTIONAL MATERIALS: Videos, loud speaker, textbook, pictures,

INSTRUCTIONAL PROCEDURES

PERIOD 1-2

PRESENTATION	TEACHER’S ACTIVITY	STUDENT’S ACTIVITY
STEP 1 INTRODUCTION	The teacher identify the classes of commerce and state the differences between Home and Foreign Trades	Students listens attentively to the teacher
STEP 2 EXPLANATION	Teacher explains the meaning of Import and Export Trades and identify products involved in Home and foreign Trade	Students exhibit attentiveness and active engagement
STEP 3 NOTE TAKING	The teacher writes a summarized note on the board	The students copy the note in their books

NOTE

DIVISIONS OF COMMERCE

Classification of Commerce

Commerce can be classified into several types:

- Internal Commerce: Refers to trade within the boundaries of a country.

- External Commerce: Involves trade between countries, also known as international trade.

Differentiate between Home and Foreign Trades

Home Trade: Also known as internal trade, it involves buying and selling of goods and services within the boundaries of a single country.
Foreign Trade: This refers to the exchange of goods and services between countries, typically involving imports and exports.

Import and Export Trades

I.) Import Trade: Refers to the purchase of goods and services from foreign countries and bringing them into one's own country.

II.) Export Trade: Involves selling goods and services to foreign countries, which are produced domestically.

List Products involved in Home Trade

Products involved in home trade can include a wide range of goods and services that are bought and sold within a country's borders. Examples include:

- Food items

- Clothing

- Electronics

- Automobiles

- Services like healthcare and education

List Products involved in Foreign Trade

Products involved in foreign trade are often categorized based on their nature and purpose. They can include:

- Raw materials and commodities: Such as minerals, agricultural products, and fuels.

- Manufactured goods: Including machinery, vehicles, electronics, and processed foods.

- Services: Such as tourism, financial services, consulting, and transportation.

EVALUATION: 1. Identify the classes of Commerce

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively

Business Studies - Junior Secondary 1 - Divisions of commerce