Lesson Notes By Weeks and Term - Primary 6

Wages and income distribution + Benefits of foreign trade

Get it on Google Play
Get it on the Apple App Store
  1. Home
  2. Lesson Notes By Weeks and Term
  3. Primary 6
  4. Wages and income distribution + Benefits of foreign trade

Term: 1st Term

Week: 8

Class: Primary 6

Age: 11 years

Duration: 40 minutes of 3 periods

Date:

Subject: National Values Education

Topic: Wages and income distribution

-Benefits of foreign trade

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

  1. Discuss the concept of wages and income distribution
  2. Itemize the relationship between income and standard of living
  3. Explain factors determining wages and income
  4. List the causes of wages increase
  5. Identify factors in income management.
  6. Identify the benefits of foreign trade

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

INSTRUCTIONAL MATERIALS: Charts showing wages and income distribution.

PERIOD 1: Wages and income distribution

INSTRUCTIONAL PROCEDURES

PRESENTATION

TEACHER’S ACTIVITY

PUPIL’S ACTIVITY

STEP 1

INTRODUCTION

The Teacher Revises the previous Topic On Labour and Trade Union.

Pupils pay attention

STEP 2

EXPLANATION

She Explains WAGES- is the money that is paid regularly(hourly, daily, weekly) for doing work While

SALARY- is the Money that is paid monthly to a worker for doing work.

INCOME- Is money earned or received by people or workers, especially on a regular basis, for work or through investments usually monthly or annually.

INCOME DISTRIBUTION- This is the distribution of money among people. If everyone earned equally, the income distribution is perfectly equally or distributed. But if one person earned all, then it is perfectly unequalled or undistributed. Income distribution is usually fall between the equal and unequal.

Reason For Different In Wages

1. Qualification- OND, NCE, HND, B.SC/B.Ed, M.Sc/M.Ed, etc.

2. Hours Of Work- Doctors, banks, presenters, etc.

3. Risk of work- Pilots, drivers, soldiers, doctors and nurses

4. Reward for Talent- musicians, comedians, designers.

5. Role of Trade Union- NUT, BAR, NUJ, etc.

6. Level of productivity.

7. Sex consideration- male and female.

Pupils pay attention and participates

STEP 3

DEMONSTRATION

She Explains that the higher the income, the higher standard of living.

Causes Of Wages

1. Inflation

2. Incentive to workers

3. Trade union

Aspect Of Income Management

1. Savings- Money sets aside for future purposes.

2. Investment- Money sets aside for setting up a business or investment.

3. Household Expenses- Part of income set aside for buying food stuff, clothing, paying for bills and house rent, children’s school fees, etc.

4. Charity- Money set aside for free will donations.

5. Reserve- Money set aside for emergency purposes.

Pupils pay attention and participate

STEP 4

NOTE TAKING

The teacher writes a short note on the board

The pupils write the notes in their books

 

NOTE

WAGE - is the money that is paid regularly(hourly, daily, weekly) for doing work While

SALARY- is the Money that is paid monthly to a worker for doing work.

INCOME- Is money earned or received by people or workers, especially on a regular basis, for work or through investments usually monthly or annually.

INCOME DISTRIBUTION- This is the distribution of money among people. If everyone earned equally, the income distribution is perfectly equally or distributed. But if one person earned all, then it is perfectly unequalled or undistributed. Income distribution is usually fall between the equal and unequal.

Reason For Different In Wages

  1. Qualification- OND, NCE, HND, B.SC/B.Ed, M.Sc/M.Ed, etc.
  2. Hours Of Work- Doctors, banks, presenters, etc.
  3. Risk of work- Pilots, drivers, soldiers, doctors and nurses
  4. Reward for Talent- musicians, comedians, designers.
  5. Role of Trade Union- NUT, BAR, NUJ, etc.
  6. Level of productivity.
  7. Sex consideration- male and female.

The higher the income, the higher standard of living.

Causes Of Wages

  1. Inflation
  2. Incentive to workers
  3. Trade union

Aspects Of Income Management

  1. Savings- Money sets aside for future purposes.
  2. Investment- Money sets aside for setting up a business or investment.
  3. Household Expenses- Part of income set aside for buying food stuff, clothing, paying for bills and house rent, children’s school fees, etc.
  4. Charity- Money set aside for free will donations.
  5. Reserve- Money set aside for emergency purposes.

EVALUATION:    1. State 5 reasons for the demand for wage increases

  1. Mention 5 reasons for different in wages and salaries.

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the pupils positively

PERIOD 2 and 3: -Benefits of foreign trade

PRESENTATION

TEACHER’S ACTIVITY

PUPIL’S ACTIVITY

STEP 1

INTRODUCTION

The teacher revises the previous lesson

Pupils pay attention

STEP 2

EXPLANATION

The teacher lists the benefits of foreign trade

1. It brings about foreign exchange

2. it strengthens friendly relationships among nations involved

3. It brings about peace and serenity amongst nations

4. It brings about profitable exchanges amongst nations

Pupils pay attention and participates

STEP 3

DEMONSTRATION

The pupils watch a video on the demonstration of the benefits of foreign trade

Pupils pay attention and participate

STEP 4

NOTE TAKING

The teacher writes a short note on the board

The pupils copy the note in their books

 

NOTE

Benefits of foreign trade

  1. It brings about foreign exchange
  2. it strengthens friendly relationships among nations involved
  3. It brings about peace and serenity amongst nations
  4. It brings about profitable exchanges amongst nations

 

EVALUATION:    1. Discuss the benefits of foreign trade

CLASS ACTIVITY: Pupils in small groups discuss the benefits of foreign trade as watched in the video

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the pupils positively



© Lesson Notes All Rights Reserved 2023