Meaning of Stock and People Involved in Stock Exchange | Importance of Stock Exchange in Agriculture JSS 3 Agriculture
AGRICULTURE
JUNIOR SECONDARY SCHOOL (JSS 3)
THEME – PRODUCE PACKAGING AND MARKETING
TOPIC – AGRICULTURE IN STOCK EXCHANGE
LEARNING AREA
- Meaning of Stock and People Involved in Stock Exchange
- Importance of Stock Exchange in Agriculture
- Lesson Evaluation
INSTRUCTIONAL MATERIALS
Posters and charts of agricultural stock exchange offers
LEARNING OBJECTIVES
By the end of the lesson, students should be able to:
1. explain what stock exchange is.
2. list those involved in stock exchange.
3. state the importance of stock exchange to agriculture.
CONTENTS OF THE LESSON
LESSON 1 – MEANING OF STOCK
Stock is the art of buying and selling of goods and services available now and in the future.
PEOPLE INVOLVED IN STOCK EXCHANGE
The people that involved in agricultural stock exchange are as follows – buyers, sellers, buyers and sellers, farmers agents and stock brokers.
1. BUYERS
Buyers are the general public who are willing to buy securities.
2. SELLERS
Sellers are the general public who are willing to sell their securities to interested and willing buyers.
3. BUYERS AND SELLERS
Buyers and sellers buy securities through brokers and sell at higher prices.
4. FARMERS AGENT OR JOBBER
Farmers agent buy securities when the price is low and resell at high price later in the future.
5. STOCK BROKERS
Stock brokers are stock agents or representatives acting on behalf of general public who are interesting in buying or selling securities.
LESSON 2 – IMPORTANCE (BENEFITS) OF STOCK EXCHANGE IN AGRICULTURE
1. It encourages investment in agriculture.
2. It encourages contract farming.
3. It ensures wealth redistribution among farmers and interest investors.
4. It generates revenue for the government in form of tax.
5. It increases the quality of agricultural productivity.
6. It creates job opportunities for the brokers.
7. It encourages the use of modern agricultural equipment and implement.
LESSON PRESENTATION
TEACHER’S ACTIVITIES
The teacher,
1. guides classroom discussion on stock exchange in agriculture.
2. invites guest speaker from agricultural stock exchange.
3. Summarizes the lesson on the board.
STUDENT’S ACTIVITIES
The students,
1. participate actively in the class discussion on agriculture in stock exchange.
2. copy board summary.
LESSON EVALUATION
Teacher asks students to,
1. explain stock exchange practice in agriculture.
2. mention people involved in stock exchange.
3. mention 2 benefits of stock exchange in agriculture.