Professional Documents
Culture Documents
Understanding Culture,
Society and Politics
Quarter 4– Module 7: Non
-State
Institution
i
NegOr_Q4_UCSP11_Module7_v2
Understanding Culture, Society and Politics – Grade 11
Alternative Delivery Mode
Quarter 4 – Module 7: Non-State Institution
Second Edition, 2021
Republic Act 8293, section 176 states that: No copyright shall subsist in any work
of the Government of the Philippines. However, prior approval of the government
agency or office wherein the work is created shall be necessary for exploitation of
such work for profit. Such agency or office may, among other things, impose as a
condition the payment of royalties.
Borrowed materials (i.e., songs, stories, poems, pictures, photos, brand names,
trademarks, etc.) included in this module are owned by their respective copyright
holders. Every effort has been exerted to locate and seek permission to use these
materials from their respective copyright owners. The publisher and authors do not
represent nor claim ownership over them.
Introductory Message
This Self-Learning Module (SLM) is prepared so that you, our dear learners, can continue
your studies and learn while at home. Activities, questions, directions, exercises, and
discussions are carefully stated for you to understand each lesson.
Each SLM is composed of different parts. Each part shall guide you step-by-step as you
discover and understand the lesson prepared for you.
Pre-tests are provided to measure your prior knowledge on lessons in each SLM. This will tell
you if you need to proceed on completing this module or if you need to ask your facilitator or
your teacher’s assistance for better understanding of the lesson. At the end of each module,
you need to answer the post-test to self-check your learning. Answer keys are provided for
each activity and test. We trust that you will be honest in using these.
In addition to the material in the main text, Notes to the Teacher are also provided to our
facilitators and parents for strategies and reminders on how they can best help you on your
home-based learning.
Please use this module with care. Do not put unnecessary marks on any part of this SLM.
Use a separate sheet of paper in answering the exercises and tests. And read the
instructions carefully before performing each task.
If you have any questions in using this SLM or any difficulty in answering the tasks in this
module, do not hesitate to consult your teacher or facilitator.
Thank you.
ii
What I Need to Know
MELC:
What I Know
Direction: Read each item carefully and use your notebook to write your answers.
What’s In
Task 1:
Fill-in the diagram with the different types of non-state institutions that are familiar to you.
What’s New
Read and answer the following questions. Write your answers in your notebook.
What is It
Juan dela Cruz has PhP 10,000.00, which he has saved from his salary as a
manager. He deposits it at Maharlika Bank, which offers a 2% interest per annum.
This would mean that if he does not withdraw any of his savings, he will get
10,000.00 + 2% = 10,200.00 after one year.
Now, Mr. Entrepreneur needs PhP 7,000.00 because he wants to put up a sari-sari
store. He borrows PhP 7,000.00 form Maharlika Bank.
Can you see the flow of money? Juan gets more than PhP 10,000.00 after a year. At
the same time, he is able to help Mr. Entrepreneur put up a business. These would
not have happened without the help of Maharlika Bank since Juan and Mr.
Entrepreneur do not know each other.
Banks started during the Renaissance period in Italy. The word 'bank' traces its origin
from the Old Italian word banca which means 'table' or 'bench,' and is where transactions
occurred at that time.
The role of a financial institution as a link in the transfer of money from the source
to the borrower is very important to our economy.
Banks provide safe-keeping place for money and valuables of individuals. They also
perform a role in settling payments and credit intermediation.
BANKING INSTITUTIONS
The Bangko Sentral ng Pilipinas is known as the banks of all banks in the
Philippines. It is the bank responsible for the regulation, creation, and management of
monetary supply in the country.
These are the different types of banks:
• Commercial banks accept savings deposits, check deposits, and time deposits.
Examples of Philippine commercial banks are Bank of the Philippine Islands and
Metrobank.
• Thrift banks are categorized into stock savings and loan associations, savings and
mortgage banks, and private development banks. They consolidate the savings
deposits of their members into a fund from which their members can draw loans with
interest. They also accept deposits from the public and provide loans for small- and
medium-scale enterprises.
• Rural banks cater primarily to farmers and small business people, mostly in rural
areas.
CORPORATIONS
A corporation is an organization of people legally bound by a charter to conduct
some type of business. It has a legal entity separate from its owners. The type of business
that a corporation wants to venture in depends on its articles of incorporation.
Articles of incorporation are written applications to the government requesting
permission to form a corporation. This will give the name, address, and type of business for
the corporation; the names of the officers, and the initial amount of money being put into the
business.
The following are the advantages of corporations as business organizations in the
economy:
• easy to raise funds–since the corporate form is the most effective for raising money
• limited liability–the concept that owners of the business are only responsible for its
debts up to the amount they invest in the business
• unlimited life–not ceasing to exist if a major stockholder dies
• specialized management–affording to have specialized managers to run the
business
• shared risks–spreading business risks among many owners
As to Function:
Cooperatives Trade Unions
Provide maximum economic benefits to its Negotiate or discuss with the management
members the issues that affect the organization’s
workers
Teach people efficient and effective ways of Represent individual members when they
doing things in a cooperative manner have a problem at work
Propagate cooperative practices and new Provide information and advice to its
ideas in business and management, and members about work-issues and concerns
allow lower income groups to expand their
ownership of wealth
Cooperatives and Trade Unions as Means of Promoting Self-help Towards
Economic Development
Cooperatives are self-help organizations presently utilized by the government as
more efficient tools for economic development. These are also business enterprises which
affiliates own, manage, and control following accepted democratic principles. Members are
not organized primarily for profit nor to serve other persons, but to address the needs of their
members. Memberships in cooperatives are voluntary and open to all those who need their
services. Members share economic benefits from unions in proportion to the individual
member's patronage of the business or enterprise.
Trade unions are always fighting for better wages by improving employees pay and
other benefits such as holiday entitlements.
Functions:
With trade union on a place, strikes can be avoided, thus resulting in stability and growth
of the firm. This promotes unity, spirit of self-reliance, and self-respect, and may lead to
economic development.
What’s More
Task 2:
What I Can Do
Direction: Write a letter to the President suggesting ways as to how to improve the situation
of Non-state institutions in the country.
Additional Activities
Direction: Create a collage depicting the vital role of Non state institutions in our country.
Rubrics:
For inquiries or feedback, please write or call:
Department of Education
– Schools Division of Negros
Oriental
Kagawasan, Avenue, Daro, Dumaguete City, Negros Oriental