PALAYAN CITY NATIONAL HIGH SCHOOL-SENIOR HGH SCHOOL

APPLIED ECONOMICS Fourth Quarter-Module 4

Topic: Viability and Impacts of Business on the Community

Objectives: After going through this module, you are expected to:

 identify and explain the effects of the various socio-economic factors affecting business and
industry and
 identify and evaluate the viability and impacts of business in the community.

BRIEF INTRODUCTION

Business plays a huge role in the society. It not only takes up the most amount of time in people
lives but it also help create innovations and make important technological advancements. It makes
forward thinkers and dreamers turn visions into reality. Making people lives easier. Only when
companies are profitable can they contribute effectively to society by creating jobs and economic
development. It cannot be assume that companies adopt a responsible business conduct. However,
corporate social responsibility can contribute to the success of business and betterment of society.
PALAYAN CITY NATIONAL HIGH SCHOOL-SENIOR HGH SCHOOL
APPLIED ECONOMICS Fourth Quarter-Module 4
PALAYAN CITY NATIONAL HIGH SCHOOL-SENIOR HGH SCHOOL
APPLIED ECONOMICS Fourth Quarter-Module 4
PALAYAN CITY NATIONAL HIGH SCHOOL-SENIOR HGH SCHOOL
APPLIED ECONOMICS Fourth Quarter-Module 4

CHECK YOUR UNDERSTANDING

Activity 2. Essay Questions.(15 pts/ 5 points each) Rubrics: (Focus-3 pts; organization-2pts.)
Explain the effects of business and industry on the following socioeconomic factors?
1. Education
2. Income
3. Occupation