RELIGION AND NATIONAL VALUES
THEME: NATIONAL ECONOMY
PREVIOUS LESSON – LABOUR AND TRADE UNION
TOPIC: WAGES AND INCOME DISTRIBUTION
- By the end of the lesson, the pupils should have attained the following objectives (cognitive, affective and psychomotor) and be able to:
- explain the meaning of wages, income and income distribution;
- meaning of standard of living;
- relationship between work and income;
- reasons for the demand for wage increases.
Employment and unemployment
The teacher will teach the lesson with the aid of
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.
- Scheme of Work
- 9 – Years Basic Education Curriculum
- Course Book – MacMillan Brilliant Primary Social Studies Book
- All Relevant Material
- Online Information
Ralated posts – labour and trade unions, employment, Nigerian and foreign made goods, resources development. Scheme of work – first term – second term – third term.
CONTENT OF THE LESSON
A wage is money earned or received by workers for work or services that’s paid on a daily or weekly basis.
A salary is money earned or received by workers for work or services that’s paid on a monthly basis.
Income is money earned or received by people or workers, especially on a regular basis, for work or through investments usually monthly or annually.
Income distribution is the distribution of money among the people. If everyone earned equally, the income distribution is perfectly equally or distributed. But if one person earned all, then it is perfectly unequalled or undistributed. Income distribution is usually fall between the equal and unequal.
REASONS FOR DIFFERENT IN WAGES
- Qualification – OND, NCE, HND, B.Sc/B.Ed, M.Sc/M.Ed, etc.
- Hours of work – doctors, banks, presenters, etc.
- Risk of work – pilots, drivers, soldiers, doctors and nurses, etc.
- Reward for talent – musicians, comedians, designers, professionals.
- Role of Trade unions – NUT, BAR, NUJ, etc.
- Level of productivity.
- Relationship between employer and employees.
- Sex consideration – male and female.
RELATIONSHIP BETWEEN INCOME AND STANDARD OF LIVING
The higher the income, the higher standard of living.
CAUSES OF WAGES INCREASE
- Trade union
- Incentive to workers
ASPECT OF INCOME MANAGEMENT
- Household expenses – part of income sets aside for buying food stuff, clothing, paying for bills and house rent, children’s school fees, etc.
- Savings – money sets aside for future purposes – pension.
- Investment – money sets aside for setting up a business or investment – buying of shares.
- Charity – money sets aside for free will donations.
- Reserve – money sets aside for emergency purposes.
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SOCIAL STUDIES Plan Lesson Note Week 8 Doc
- To deliver the lesson, the teacher adopts the following steps:
- To introduce the lesson, the teacher revises the previous lesson. Based on this, he/she asks the pupils some questions;
- Explains and guides the pupils in discussing the concept of wage, salary and income;
- Pupil’s Activities – Explain the relationship and different between wage, salary and income.
- Leads pupils in discussing the reasons for different wages;
- Pupil’s Activities – State the reasons for different in wages.
- Explains causes of wage increase;
- Pupil’s Activities – Discuss the causes of wage increase.
- Explains and leads the pupils in discussing the aspects of income management;
- Pupil’s Activities – Discuss the aspects of income management.
- Note taking.
- To conclude the lesson for the week, the teacher revises the entire lesson and links it to the following week’s lesson – employment.
Attempt all the questions
1. _________________________ is money earned or received by workers for work or services that’s paid on a daily or weekly basis.
2. _________________________ is money earned or received by workers for work or services that’s paid on a monthly basis.
3. _________________________ is money earned or received by people or workers, especially on a regular basis, for work or through investments usually monthly or annually.
4. _________________________ is the distribution of money among the people.
State 5 reasons for the demand for wage increases.
Mention 5 reasons for different in wages and salaries.
15. The higher the income, the _________________________ standard of living.