Lesson Notes By Weeks and Term - Senior Secondary 2

Enterprise IV

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TERM – 3RD TERM

WEEK EIGHT

Class: Senior Secondary School 2

Age: 16 years

Duration: 40 minutes of 5 periods each

Date:

Subject: AUTO MECHANICAL

Topic: ENTERPRISE IV

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

I.) Define public enterprise

II.) Identify reasons for government ownership

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 explains the meaning of public enterprise

Students listens attentively to the teacher                                                                          

STEP 2

EXPLANATION

Teacher explain the reasons for government ownership over public enterprise

Students exhibit attentiveness and active engagement

STEP 3

NOTE TAKING

The teacher writes a summarized

note on the board

The students

copy the note in

their books

 

NOTE

ENTERPRISE IV

Public Enterprise

A public enterprise, also known as a government-owned enterprise (GOE) or state-owned enterprise (SOE), is a business entity owned and operated by the government at the national, regional, or local level. These entities can operate in various sectors, including transportation, utilities, telecommunications, healthcare, and manufacturing.

Reasons for Government Ownership

  1. Strategic Importance: Governments may own enterprises in strategic industries such as defense, energy, telecommunications, and transportation to ensure national security, sovereignty, and economic stability.
  2. Public Services: Government ownership of enterprises in sectors like healthcare, education, and utilities ensures universal access to essential services, regardless of individuals' ability to pay, promoting social welfare and equity.
  3. Market Regulation: Government ownership can serve as a regulatory tool to prevent monopolies, promote competition, and regulate prices in key sectors where private monopolistic practices may harm consumers or the economy.
  4. Infrastructure Development: Governments may invest in public enterprises to develop critical infrastructure such as roads, bridges, ports, airports, and railways, which are essential for economic development, trade, and connectivity.
  5. Regional Development: Public enterprises can be established in less developed regions or rural areas to stimulate economic growth, create employment opportunities, and reduce regional disparities in income and development.
  6. Natural Resource Management: Government ownership of enterprises involved in natural resource extraction, such as mining, forestry, or oil and gas production, allows for better management, conservation, and equitable distribution of resources for national benefit.
  7. Public Ownership and Accountability: Public enterprises are accountable to the government and ultimately to the citizens, ensuring transparency, accountability, and public scrutiny in decision-making processes, governance, and use of public funds

EVALUATION: 1. Define public enterprise

  1. Mention 5 reasons for government ownership of public enterprise.

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively