Republic of the Philippines

Department of Education
REGION X – NORTHERN MINDANAO

Division of Bukidnon

LEARNING ACTIVITY SHEET

UCSP Quarter 2

Name: Date:
School: District:
Grade Level: LAS No: 1 Score:
Competency and Code: • Explain the forms and functions of state and non-state institutions (UCSP11/12HSO-IIa-
24; UCSP11/12HSO-IIb-25).

I. Concept

ECONOMIC INSTITUTIONS

Nonmarket Institutions

Reciprocity exists when there is an exchange of goods or labor between individuals in a community.
This would include direct barter or simultaneous exchanges of goods or labor. An example of reciprocity
is when you exchange food or in-kind for the labor extended from your neighbors.

Transfer entails a redistribution of income that is not matched by the actual exchange of goods or
services. An example of this is a donation or financial assistance from a wealthy relative to the needy
one. Another is from the government institutions in the case of 4P's, senior citizen social pension, farmer
subsidies, social security benefits, among others.

Redistribution can be considered as a combination of transfer and reciprocity. It involves a

centralized collection of goods from members of a group and redistributes the goods to the same
members of the group. For example, during this covid-19 pandemic, a student organization in your
school collects relief goods and distributes the same to the most affected students in the community.

Market Institutions

The market transaction involves parties who sell their goods and services in exchange for cash from
consumers or customers. Some examples of these are the sari-sari stores in our community where we
used to buy our basic needs; the food industry that we used to patronize provides support to the
economic activity in our country, in general.

Address: Fortich St., Sumpong, Malaybalay City

Telephone No: (008) 813-3634
Email Address: bukidnon@deped.gov.ph
 Market and state. The state, through the government, plays an important role in the market. The
government regulates the prices especially for the basic commodity to protect the interest of the
consumers. That is why we have this so-called Suggested Retail Price (SRP) which means that the price of
a certain commodity follows a price ceiling or the maximum price set by the government. The
Department of Trade and Industry (DTI) is tasked with this regulation.

Labor is also considered a commodity and it is an input to the production of goods and
services. The government regulates the prices of labor by determining the minimum wages through the
regional wage board to protect the workers from being paid below the minimum in exchange for their
service rendered. The government intervenes in the activities of market institutions to primarily protect
the interest and welfare of the consumers and the workers.

The government collects taxes from the worker’s income, business profits, and consumption
of goods and services to raise revenue for government spending, may it be government purchase, for
example, purchase of fighter planes or construction of railways or transfer payments which does not
require any output in the form of social security benefits, provision of public services through free
education, universal health care, etc., subsidies and the like.
Non-state Institutions and Organizations

A bank is a place where people deposit or save their money with interest in a given period. It
lends money both to public and private organizations. The government borrows money from the bank to
finance its projects while private organizations and individuals borrow money to finance their business
and other personal needs. The example includes Banco de Oro, Bank of the Philippine Islands,
Metrobank, rural banks, etc.

A corporation is a company or group of people authorized to act as a single entity and

recognized as such in law. Usually, corporations operate as stock corporations where ownership is
through stockholders who own shares in the company. Examples are San Miguel Corporation and
Jollibee Foods Corporation.

Cooperative or coop refers to an autonomous association whose membership is voluntary

toward the attainment of shared economic, social and, cultural needs or aspirations. The members are
the owner of a cooperative. Examples are credit cooperative, a consumer cooperative, electric
cooperative, housing cooperative, worker’s cooperative, an agricultural cooperative, general
cooperative.

A trade union or labor union is an organization of workers whose main objective is to protect
the welfare of its members. Its purpose is to collectively negotiate with employers for better
compensation benefits, to ensure safety standards in the workplace, and others. In the Philippines, these
national federations are the Trade Union Congress of the Philippines (TUCP) and the Kilusang Mayo Uno
(KMU).

Transnational Advocacy Groups are involved in social advocacy to promote principled

causes, ideas, and values. Their goal is to give the powerless a voice in the domestic and international
law-making body. Common social advocacies include human rights, consumer rights, women’s rights,

Address: Fortich St., Sumpong, Malaybalay City

Telephone No: (008) 813-3634
Email Address: bukidnon@deped.gov.ph
 environmental issues, and international peace. In the Philippines, Human Rights Watch is very active in
human rights and peace issues.

Development Agencies are committed and dedicated to distributing aid. These agencies are
present in developing countries challenged by security conflict, food shortage, climate change, financial
instability, and others. Some of the prominent development agencies in the Philippines are the
following:
• United States Agency for International Development (USAID)
• Australian Agency for International Development (AusAID)
• Japan International Cooperation Agency (JICA)

The aid can be subdivided into two categories: humanitarian aid (emergency relief efforts in
response to disasters and development aid (foreign aid) aimed at helping countries to achieve
sustainable economic growth.

Global Organizations work in the development of entire countries. They are the funders and
donors. They operate by giving loans or grants to other countries to be used for improvement. In the
onslaught of COVID-19, World Bank granted a loan to the Philippines to be used for financial assistance
to many of the Filipinos who are affected by the pandemic. Below are the most well-known
organizations in the world.
• World Bank (WB)
• International Monetary Fund (IMF)
• Asian Development Bank (ADB)

The International Organizations are organizations with a worldwide membership, scope, or

presence. The two (2) main types are the following:
• International Non-governmental Organizations (INGO) are non-governmental organizations
(NGOs) that operate internationally, for example, the International Committee of the Red Cross.
• International Governmental Organizations (IGOs) are organizations that are made up
primarily of member states, for example, the United Nations (UN).

II. Starter: Complete the following sentences with your learnings.

MY REAL-LIFE EXPERIENCE.

Write a real-life experience that relates to the concept of reciprocity.

__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
___________________________________________________________.

What is the significant contribution of this non-state institution in your community?

Address: Fortich St., Sumpong, Malaybalay City

Telephone No: (008) 813-3634
Email Address: bukidnon@deped.gov.ph
 Name of the Non-state Institution: _____________________________________
Contribution to the Community:
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________

III. Reinforcer

THE ECONOMIST

If given the chance to become an economic adviser in our country, list down your top three (3) economic programs
that you want to implement right after you assume office.

1. ______________________________________________________

2. ______________________________________________________

3. ______________________________________________________

PARTNER FOR LIFE

Basta “Abot mo ang Mundo!” “Bida ang Saya!” Of course, “We find ways!” to “Taste the Feeling!”

Sounds familiar? Yes, indeed. Those are called taglines or slogan from different non-state institutions that
make their brand distinct. Many of these institutions have played key roles in boosting the economy of our country.
Many of these institutions have always proven their worth as counterpart of the government, especially in times of
crisis. The private-public partnership is working in our country for the better. Now, let’s move to our next activity.

1. Watch the television, listen to the radio, or browse the internet. What else? Be resourceful.

2. You are going to research three (3) different non-state institutions or organizations that can be found in the
Philippines, which extended help during a crisis.

3. Look for their name, their tagline or slogan, and their valuable contribution to our country.

Name of the Organization Tagline or Slogan Valuable Contribution

Address: Fortich St., Sumpong, Malaybalay City

Telephone No: (008) 813-3634
Email Address: bukidnon@deped.gov.ph
 IV. Challenger:

DRAW IT ALL. (Performance Task)

1. Based on the concepts in Lesson 1, draw your understanding about the nonmarket
institutions and the market institutions.
2. Use one (1) long bond paper for this activity. Make it colorful.

Rubric for the Drawing

Criteria Rating
The drawing clearly expresses the information and message. 5 4 3 2 1
The drawing highlights key information relevant to the topic. 5 4 3 2 1
The drawing shows creativity. 5 4 3 2 1
Total points (15)

LOOK FOR IT

For you to be familiar with some non-state institutions in our country, research two (2) of the following:

1.
Bank 2
1.
Corporation 2
1.

Address: Fortich St., Sumpong, Malaybalay City

Telephone No: (008) 813-3634
Email Address: bukidnon@deped.gov.ph
 Cooperative 2.
1.
NGO 2.

A REFLECTION TO MY LEARNINGS

Direction: Write a short reflection about this lesson.

_______________________________________________________________________________________________
_______________________________________________________________________________________________
_______________________________________________________________________________________________
_______________________________________________________________________________________________

Prepared by: ROLLYN P. GILLANG Checked by: MERLINA M. NICOR Approved by: HELEN N. YBAÑEZ

Special Science Teacher I Master teacher I/OIC School Principal II

Address: Fortich St., Sumpong, Malaybalay City

Telephone No: (008) 813-3634
Email Address: bukidnon@deped.gov.ph