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
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STUDENT’S
ACTIVITY
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STEP 1
INTRODUCTION
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The teacher explains the meaning of public enterprise
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Students listens attentively to the teacher
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STEP 2
EXPLANATION
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Teacher explain the reasons for government ownership over public enterprise
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Students exhibit attentiveness and active engagement
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STEP 3
NOTE TAKING
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The teacher writes a summarized
note on the board
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The students
copy the note in
their books
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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
- Strategic Importance: Governments may own enterprises in strategic industries such as defense, energy, telecommunications, and transportation to ensure national security, sovereignty, and economic stability.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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
- Mention 5 reasons for government ownership of public enterprise.
CLASSWORK: As in evaluation
CONCLUSION: The teacher commends the students positively