Lesson Notes By Weeks and Term - Senior Secondary 1

Channels of distribution III

Get it on Google Play
Get it on the Apple App Store
  1. Home
  2. Lesson Notes By Weeks and Term
  3. Senior Secondary 1
  4. Channels of distribution III

Term: 3rd Term

Week: 10

Class: Senior Secondary School 1

Age: 15 years

Duration: 40 minutes of 2 periods each

Date:       

Subject:      Economics

Topic:-       Channels of distribution III

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

  1. List and explain some sources of funds for business

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 Cooperative society

Students pay attention

STEP 2

EXPLANATION

She lists some sources of funds for business

Students pay attention and participates

STEP 3

DEMONSTRATION

She explains some sources of funds for business.

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                        

SOURCES OF FUNDS FOR BUSINESS

  1. Credit: this refers to a situation where certain institutions like banks give loan to customers for business purposes.
  2. Grants: local or foreign organisations and government can give grants to business setup for service or product delivery to the people.
  3. Savings: business setup can equally get fund through personal savings or company profits either for reinvestments or expansion.
  4. Tax revenue: revenue generated from taxes can be extended to potential investors for the provision of essential goods and services for the people.
  5. Subsidies: Government or other organisations may give subsidies to company. These are materials given in kind or at reduced price to enable investors have access to the fund for production of goods and services.

 

EVALUATION:    1. Define cooperative society

  1. Highlight four roles of the
  2. cooperative society in distributive trade
  3. government agencies in distributive trade
  4. State four problems of distribution of commodities in Nigeria
  5. Discuss four ways improving distribution in Nigeria.

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively