JUNIOR SECONDARY SCHOOL (JSS 1)
THEME: CONCEPT AND MEDIUM OF AGRICULTURAL PRODUCTION
PREVIOUS LESSON – Labour as a Factor of Agricultural Production | Meaning/Definition of Labour | Types of Labour | Reward of Labour | Importance of Labour JSS 1 (Basic 7) – Agriculture
TOPIC – LABOUR AS A FACTOR OF PRODUCTION
1. Introductory Activities
2. Definition of Capital
3. Types of Capital
4. Characteristics of Capital
5. Importance of Capital
6. Reward of Capital
7. Revision and Weekly Assessment (Test)
By the end of the lesson, most of the students should have attained the following objectives (cognitive, affective and psychomotor) and should be able to –
1. define capital.
2. types of capital.
3. state the characteristics/importance of capital.
4. mention the reward for capital.
The students can state the importance of money.
The teacher will teach the lesson with the aid of flow chart of production processes.
METHOD OF TEACHING
Choose a suitable and appropriate methods for the lessons.
Note – Irrespective of choosing methods of teaching, always introduce an activities that will arouse pupil’s interest or lead them to the lessons.
1. Scheme of Work
2. 9 – Years Basic Education Curriculum
3. Course Book
4. All Relevant Material
5. Online Information
CONTENT OF THE LESSON
LESSON 1 – INTRODUCTION
Factors of agricultural production is the different resources put together to produce and make different goods and services available for human consumption.
These resources are –
4. Farm manager
MEANING/DEFINITION OF CAPITAL
Capital is the resource (money, wealth, machines or equipment) used for the production of more resources.
Capital is very important for setting up a business.
The reward for capital is interest.
CHARACTERISTICS OF CAPITAL
1. It is man made factor of production.
2. Its reward is interest.
3. It made production of goods and services possible.
4. It requires hardworking and savings to organize.
5. Source of capital is saving, gift from family and friends, loans, etc.
LESSON 2 – TYPES OF CAPITAL
The two (2) major types of capital include:
1. Fixed Capital
Fixed capital includes physical assets of the agricultural business such as land and building, furniture and fittings, equipments and tools, machineries, etc.
Fixed capital is used on daily basis and using depreciated in value with time.
2. Current Capital
Current capital is also known as working capital. It is the different between assets and liabilities of the agricultural business.
IMPORTANCE OF CAPITAL
1. It aids production.
2. It attracts business investors.
3. It is used for buying raw materials.
4. It settles wages and salaries of labour.
5. It promotes goods and services.
6. It produces more capital.
LESSON 3 – REVISION AND WEEKLY ASSESSMENT (TEST)
REVISION AND WEEKLY ASSESSMENT (TEST)
Write a short essay on the importance of land.
1. Definition of farm manager.
2. State the functions of farm manager.
3. Reward of farm manager.
4. State the problems of farm manager.
To deliver the lesson, the teacher adopts the following steps:
1. To introduce the lesson, the teacher revises the previous lesson. Based on this, he/she asks the students some questions; then, the teacher –
2. Leads students to discuss the meaning and characteristics of capital.
Pupil’s Activities – Follow the teacher’s lead, define and state the characteristics of capital.
3. Asks students to state the importance of capital.
4. Summarizes the lesson on the board.
Student’s Activities – Copy as the teacher writes.
To conclude the lesson for the week, the teacher revises the entire lesson and links it to the following week’s lesson.
Ask students to:
1. Define of capital.
2. State and discuss types of capital.
3. State 5 characteristics of capital.
4. Mention the reward for capital.
5. List 4 importance of capital.