Lesson Notes By Weeks and Term - Senior Secondary 1

Channels of distribution II

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Term: 3rd Term

Week: 9

Class: Senior Secondary School 1

Age: 15 years

Duration: 40 minutes of 2 periods each

Date:       

Subject:      Economics

Topic:-       Channels of distribution II

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

  1. Define cooperative society
  2. Highlight their roles in the distributive trade
  3. Highlight the roles of Government agencies in distributive trade
  4. Discuss the problems of distribution of commodities in Nigeria
  5. Explain ways of improving distribution in Nigeria

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 Channels of distribution

Students pay attention

STEP 2

EXPLANATION

She defines cooperative society and highlights their roles in the distributive trade. She also highlights the roles of government agencies in distributive trade.

Students pay attention and participates

STEP 3

DEMONSTRATION

She discusses the problems of distribution of commodities in Nigeria and explains ways of improving distribution

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                        

COOPERATIVE SOCIETY

A cooperative society is defined as a voluntary and business organisation in which a group of individuals with common interest pool their resources together to promote the economic welfare of their members in production, distribution and consumption of goods and services.

 

ROLES OF THE COOPERATIVE SOCIETY IN DISTRIBUTIVE TRADE

  1. Sell in small quantity to members: the cooperative societies buy in reasonable quantity from wholesaler and sell in bits to the members.
  2. Grant credit facilities to members: the cooperative societies can grant credit facilities to members so as to enable them enjoy goods without payment immediately.
  3. Fight hoarding: they fight against hoarding by wholesalers and retailers by ensuring that they stock lots of the products for use by members (consumers)
  4. Stabilize prices: they also help in stabilizing the prices of goods by selling them at affordable prices to members.
  5. Elimination of middlemen: they can eliminate the activities of middlemen by buying their goods directly from manufacturers and selling them directly to the consumers(members).

 

THE ROLES OF GOVERNMENT AGENCIES IN DISTRIBUTIVE TRADE

  1. Provision of transport system: this helps to move products from where they are produced to where they are needed either by road, rail , air and water.
  2. Provision of storage facilities: Government also provides storage facilities to store certain products when they are in excess.
  3. Control of prices: Government agencies purchase goods in large quantities and sell them to the consumers directly at controlled prices.
  4. Price stabilization: the agencies through the distributive activities are able to stabilize prices in order to check inflation.
  5. Prevention of artificial scarcity: when the agencies discover that some middlemen are hoarding some commodities, they release the products from strategic reserves thereby preventing artificial scarcity.

 

PROBLEMS OF DISTRIBUTION OF COMMODITIES IN NIGERIA

  1. Inadequate infrastructural facilities: facilities like telephone and electricity which can help to facilitate processing and marketing of goods are not adequate.
  2. Inadequate storage: this especially affects perishable products which come seasonally. During harvest, there is excess supply of these products; but there is scarcity as soon as the excess is over.
  3. Hoarding and speculation: the traders can create artificial scarcity for some commodities especially during festive periods such as Christmas and Ramadan, or change in government policies.
  4. Insecurity on our roads: distribution is affected as a result of the activities of armed bandits on the roads.
  5. Long chain of distribution: there are so many middlemen. The numerous links along the chain of distribution make the price of commodities to increase considerably.

 

WAYS OF IMPROVING DISTRIBUTION IN NIGERIA.

  1. Construction of roads: this will help to move harvested products from the rural areas to urban centres.
  2. Establishment of more market places: the establishment of more market places in rural areas will make commodities easily available for purchase.
  3. Improvement in communication system: the communication system should be improved in order to provide adequate information about the market situations to buyers and sellers.
  4. Reduction in the number of middlemen: reducing the number of middlemen will go a long way toward reducing the prices of commodities.
  5. Provision of storage facilities: provision of adequate storage facilities is necessary to prevent wastage and ensure that goods produced are not taken to the market at once.

 

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