Lesson Notes By Weeks and Term - Senior Secondary 2
Industrial concepts
Industrial concepts
Term: 1st Term
Week: 8
Class: Senior Secondary School 2
Age: 16 years
Duration: 40 minutes of 2 periods each
Date:
Subject: Economics
Topic:- Industrial concepts
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 market structures |
Students pay attention |
|
STEP 2 EXPLANATION |
She defines firm an industry. She lists and explains the types of industry |
Students pay attention and participates |
|
STEP 3 DEMONSTRATION |
She states the factors affecting the location of industry. She further gives reasons for the participation of government in the location of industries |
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
INDUSTRIAL CONCEPTS
A firm is an independently administered business unit carrying out production, construction, or distributive activities e.g Globacom, MTN, Cocacola.
An industry can be defined as group of firms producing similar products under different managements; e.g textile industry, cement industry, block industry and communication industry.
Plant or Factory is the building where production is organized.
TYPES OF INDUSTRY
1) Manufacturing Industry: The transformation of raw materials into finished goods e.g Palm oil into Soap and Pomade, Clothing from Cotton etc.
2) Mining Industry: This industry involved the extraction of mineral resources from land. Such as Crude oil, gold, diamond, coal, tin etc.
3) Construction Industry: This is the industry that engages in activities such as construction of bridges, roads, pipeline,carpentry, welding, boats etc.
4) Transport and Communication Industry e.g nitel, MTN, Airtel, Glo etc.
5) Electricity Industry:This industry involved the generation of electric power (NEPA/PHCN; Power Holding Company Nigeria Limited. The generation and distribution and transmits of power in Nigeria.
LOCATION OF INDUSTRY
Location of industry is the sitting or setting up of an industry in a place, region or an area.
FACTORS AFFECTING LOCATION OF INDUSTRY
1) Closeness to source of raw materials
2) Effective transportation and communication
3) Nearness to power supply
4) Good supply of labour
5) Political stability
6) Government policy
7) Closeness to large market
8) Availability of Social Amenities
9) Availability of Land
10) Nearness to financial institutions
11) Favourable climatic conditions
12) Location of other industries
REASONS FOR GOVERNMENT PARTICIPATION IN LOCATION OF INDUSTRIES
1) Spread: To make sure that industries are spread all over the country.
2) Loyalty: To favour political loyalist pay them for their loyalty
3) Rural: Urban migration to reduce rural urban migration
4) Employment: To create employment for the people, especially young school leavers
5) Strategic Reason: for strategic reasons, the arms and ammunition industries are essential to national security and must be protected from competition.
6) Environmental Pollution: To avoid environmental pollution, the government therefore creates industrial estates e.g Ilupeju Industrial Estate in Lagos.
7) Infrastructural Facilities: To provide more infrastructural facilities needed by industrial areas.
8) Economic Development: To ensure even and rapid economic development
9) Monopoly: To avoid private monopoly which will exploit consumers with high prices but poor quality goods.
10) Foreign Dominance: To prevent foreign dominance of the economy.
11) Standard of Living: To raise the standard of living of the people.
12) Standardization: To ensure standardization of some locally made goods.
EVALUATION: 1. Define firm and industry
CLASSWORK: As in evaluation
CONCLUSION: The teacher commends the students positively