Browse through topics for Senior Secondary 1 1st, 2nd and 3rd Terms, All Weeks, All Subjects
Term: 1st Term
Week: 2
Class: Senior Secondary School 1
Age: 15 years
Duration: 40 minutes of 2 periods each
Date:
Subject: Commerce
Topic:- Historical background of commerce
SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to
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 reviews the previous lesson on the introduction to commerce |
Students pay attention |
|
STEP 2 EXPLANATION |
She narrates the historical background of commerce |
Students pay attention and participates |
|
STEP 3 DEMONSTRATION |
She states the factors that contributed to the growth of commerce She states the factors that affected adversely the growth of commerce |
Students pay attention and participate |
|
STEP 4 NOTE TAKING |
The teacher writes a summarized note on the board |
The students copy the note in their books |
NOTE
HISTORICAL BACKGROUND OF COMMERCE
In the olden days people engaged in subsistence production. This means they were producing goods for themselves and their families. Later they started interacting with one another because it was difficult for them to meet all their daily requirements. The system of exchanging goods for goods called trade by barter then came into existence.
This became apparent in order to meet their numerous wants. This is the genesis of exchange and perhaps the beginning of commercial activities in the world. Trading activities were however, limited to internal trade only.
The first form of foreign trade in Nigeria was the trans-sahara trade in which camels were used as means of transportation. The development of caravan routes across the desert linked Nigeria with the North African
traders. The Arab merchants brought goods like cowries, copper, cloth, books, etc which were exchanged for kolanuts, slaves, gold, hides, etc. Important towns like Kano, Bornu, Zaria, Katsina played crucial roles during that period.
Afterwards, another contact was made with the Europeans and that actually boosted commercial activities in Nigeria. This started in the fifteenth century when the missionaries came to Africa. The European traders brought weapons, books, cloths, etc and exchanged them for slaves and palm oil. The initial commercial towns that served as important
trading routes to the sea were Badagry, Bonny, Opobo and Calabar. King Jaja of Opobo played a great role in the development of commerce in Nigeria.
After the abolition of slave trade by the British government, the first breakthrough in commercial activities in Nigeria was the
establishment of United African Company (UAC) and Royal Niger Company. With the introduction of colonial rule, law and order was instituted and by 1960s, Nigeria had become a force t0 be reckoned with in the export of palm oil, cocoa, groundnut and later crude oil.
Also, during the 1960’s, the exploration of crude oil brought businessmen from all over the world to Nigeria. That process changed the face of commercial activities in Nigeria. Huge revenue was generated to develop the infrastructural facilities, e.g. communication system, roads, flyovers, railways, airports, modern seaports, etc.
At present, commercial activities have reached a crucial stage in Nigeria with the introduction of sophisticated modern technology such as computer, e-mails, internet, etc to facilitate trade. Main commercial centres have
developed in many cities and towns like Lagos, Ibadan, Kano, Port Harcourt, Warri, Kaduna, llorin among others
FACTORS THAT CONTRIBUTED TO THE GROWTH OF COMMERCE
FACTORS THAT ADVERSELY AFFECTED THE GROWTH OF
COMMERCE
EVALUATION: 1. Narrate briefly the historical background of commerce
CLASSWORK: As in evaluation
CONCLUSION: The teacher commends the students positively