SCRIPTED LESSONS

3RD TERM WEEK 8

ECONOMICS
SS 1
 ECONOMICS SSI
3RD TERM WEEK 8
Week 8 PERIOD 1
Subject ECONOMICS
Theme DISTRIBUTIVE TRADE
Topic TYPES AND FUNCTIONS OF A RETAILER
Class Level SS 1
Lesson Duration 40 minutes
Instructional By the end of this lesson, students should be able to:
Objectives/Learning (1) List and explain the types of retailer.
Outcomes (2) State the functions of a retailer.
Instructional • White board • Marker • Textbook • learners note.
Resources/Materials
Teacher Preparation for This lesson requires you make the resources available
the lesson before hand. Make reference to economics textbooks.
Teaching Method • Participatory
1. Class discussion
2. Learners report back.
Lesson Procedure Time Teacher Students Core Skills
Activity Activity
Step 1: 3 Ask the Provide varied • Critical
Identification of prior minutes students to: responses. thinking.
ideas. 1. Define Copy • Communi
retailer. correction on cation.
2. State the the previous
characteristic assignment
of a retailer. from the board
3. Copy into their note.
corrections
on previous
assignment
on the board.
4. Introduce
types of
retailer.
Step 2: 10 List and explain Listen
Main Lesson minutes the types of attentively.
retailer and
state the
functions.
Step 3: 20 Ask student to: List and • Critical
Application minutes 1. List and explain types thinking.
explain types of retailer; • Communi
of retailer; state the cation.
state the functions of
functions of retailer.
retailer. Copy note
2. Copy note summary on
summary on the board.
 the board.
Step 4: 4 Ask students to Respond to • Critical
Evaluation minutes list and explain the questions thinking.
types of for their active • Communi
retailer. State participation cation.
the functions of (the class give
a retailer. themselves
cheers)
Step 5: 3 Ask the student to study the differences between
Assignment minutes wholesaler and retailer.

BOARD SUMMARY

TYPES OF RETAILER
The functions are the types of retailer:
1) Hawking
2) Mobile shop retailing
3) Street or road side retailing
4) Market or stall holder retailing
5) Small store retailing
6) Chain or multiple stores
7) Department stores
8) Supermarket.
9) Mail order.
10) Discount houses
11) Variety stores.

A. Hawking: Hawking is a form of retail trade in which the traders more their goods
from one place to another on their heads, bicycles or vehicles etc.
B. Mobile Shop retailing: Mobile shops are those in which goods are arranged in a
motor van and are moved from one place to another to reach the final consumer.
C. Street or roadside retailing: Street or roadside traders are traders who display
their wares or products along the streets, roads or outside the gales of school,
companies, offices in towns and cities. These traders sell a variety of goods e.g.
clothes, shoes, bread, snacks and books along major roads. Passers by are the
major customers.
D. Market or stall holder retailing: Market or stall holding is another method of
retailer trade in Africa. These are markets where buyers and sellers are brought
together to transfer ownership of goods. The market trader opens at a specific time
of the day. They construct shed or stalls in a particular location to transact
business.
E. Small Store retailing: Stores are retail outlets which operates in rural or urban
centres. They are located in rented places or residences of traders which are easily
accessible to customers. They stock for scale a wide range of goods to meet
customers’ needs.
F. Chain or multiple stores: A chai store is a group of retail stores of essentially the
same life, centrally owned with some degree of centralized control of operation and
selling the same range of products. It operates multiple outlets which are scattered
all over the country, while the head office supplies goods to the branches.
G. Department stores: The department store is as collection of shops under one roof
with ownership of each shop or department specializing in selling a special range of
goods. Each department normally buys separately, exercise its own stock control
and sets its own product policy.
H. Supermarket: A supermarket is a large retailing business unit, selling mainly food
and household items on the basis of high turnover, wide variety and assortment,
self services with much emphasis or merchandise appeal.
I. Mail order: Mail order is a form of large retailing in which buying and selling is
carried out by post. They contact prospective customers by mail received their
orders by mail and make t heir deliveries by mail. It involves the use of specially
prepare catalogue that presents the retailer’s product both visually and in writing.
Payment is either cash with order, cash on delivery or by installment.
J. Discount houses: A discount house is a retailing business unit that features a
large variety of products which they sell on a low price basis and operate on a low
mark-up with minimum customers’
K. Variety Stores: A variety stores is one which handles a wide assortment of goods
not necessarily related to each other e.g. toys, cosmetics and hardware. A group of
variety stores may constitute a chain.
FUNCTIONS OF A RETAILER
1) He sells in small quantities to consumers.
2) He provides after-sales services.
3) He grants credit facilities to the consumers.
4) He stocks variety of goods.
5) He supplies information to the wholesaler and manufacturer.
6) He sells at convenient locations and hours.
7) Ensure door-to-door services.
8) He gives advice to the consumers.

Week 8 PERIOD 2
Subject ECONOMICS
Theme DISTRIBUTIVE TRADE
Topic DIFFERENCES BETWEEN WHOLESALER AND
RETAILER
Class Level SS 1
Lesson Duration 40 minutes
Instructional By the end of this lesson, students should be able to:
Objectives/Learning Differentiate between wholesaler and a retailer.
Outcomes
Instructional • White board • Marker • Textbook • learners note.
Resources/Materials
Teacher Preparation for This lesson requires you make the resources available
the lesson before hand. Make reference to economics textbooks.
Teaching Method • Participatory
1. Class discussion
2. Learners report back.
Lesson Procedure Time Teacher Students Core Skills
Activity Activity
Step 1: 3 Ask the Provide varied • Critical
Identification of prior minutes students to: responses. thinking.
ideas. 1. List and Copy • Communi
explain the correction on cation.
types of the previous
retailer. assignment
2. State the from the board
functions of into their note.
a retailer.
3. Copy
corrections
on previous
assignment
on the board.
4. Introduce the
differences
between
wholesaler
and a
retailer.
Step 2: 10 Explain the Listen
Main Lesson minutes differences attentively.
between the
wholesaler and
the retailer
Step 3: 20 Ask student to: Explain the • Critical
Application minutes 1. Explain the differences thinking.
differences between • Communi
between wholesaler cation.
wholesaler and a retailer.
and retailer. Copy note
2. Copy note summary ion
summary on the board.
the board.
Step 4: 4 Asks students Respond to • Critical
Evaluation minutes to Differentiate the questions thinking.
between a for their active • Communi
wholesaler and participation cation.
a retailer. (the class give
themselves
cheers)
Step 5: 3 Ask the students to study the middlemen.
Assignment minutes

BOARD SUMMARY

Differences between wholesaler and retailer.

 WHOLESALER RETAILER
1. The wholesaler buys in large The retailer buys in small quantities from the
quantities from the manufacturer and wholesaler and sell in bits to the final
sells in small quantities to the retailer.
consumer.
2. The wholesaler requires a large space The retailer requires a smalls space (shop) to
(warehouse) to store his goods. display his wares.
3. The wholesaler stocks limited varietiesThe retailer stocks several varieties of goods
of goods in his warehouse. in his shop making it possible for consumers
to make choice.
4. The wholesaler acts as an The retailer acts as an intermediary between
intermediary between the retailer and the wholesaler and the final consumer.
the manufacturer.
5. The wholesaler interacts freely with The retailer relates freely with the final
the manufacturer consumers.
6. The wholesaler provides useful The retailer provides useful information about
information about the goods to the the goods to the wholesaler.
manufacturer concerning market
situations of his products.
7. The wholesaler spends more money The retailer spends a lesser amount on a
on a particular product. variety of products.
8. The wholesaler may travel long The retailer mostly buys his goods from the
distance to buy goods from the wholesaler within his vicinity.
manufacturer
9. The wholesaler finances the The retailer receives credit facilities from the
manufacturer. wholesaler.
10. The wholesaler grades, blends and The retailer do not grade, blend and repack
repacks the goods. his goods.

Week 8 PERIOD 3
Subject ECONOMICS
Theme DISTRIBUTIVE TRADE
Topic MEANING, ADVANTAGES AND DISADVANTAGES OF
THE MIDDLEMEN
Class Level SS 1
Lesson Duration 40 minutes
Instructional By the end of this lesson, students should be able to:
Objectives/Learning (1) Define middlemen.
Outcomes (2) Stat the advantages and disadvantage of the
middlemen.
Instructional • White board • Marker • Textbook • learners note.
Resources/Materials
Teacher Preparation for This lesson requires you make the resources available
the lesson before hand. Make reference to economics textbooks.
Teaching Method • Participatory
1. Class discussion
 2. Learners report back.
Lesson Procedure Time Teacher Students Core Skills
Activity Activity
Step 1: 3 Ask the Provide varied • Critical
Identification of prior minutes students to: responses. thinking.
ideas. 1. Differentiate Copy • Communi
between correction on cation.
wholesaler the previous
and a assignment
retailer. from the board
2. Copy into their note.
corrections
of previous
assignment
on the board.
3. Introduce the
meaning of
the
middlemen.
Step 2: 10 Define Listen
Main Lesson minutes middlemen, attentively.
state the
advantages
and
disadvantages
of middlemen.
Step 3: 20 Ask student to: Define • Critical
Application minutes 1. Define middlemen, thinking.
middlemen, state the • Communi
state the advantages of cation.
advantages the
and middlemen.
disadvantag Copy the note
es of the summary on
middlemen. the board.
2. Copy note
summary on
the board.
Step 4: 4 Define the Respond to • Critical
Evaluation minutes middlemen, the questions thinking.
state the for their active • Communi
advantages participation cation.
and (the class give
disadvantages themselves
of the cheers)
middlemen.
Step 5: 3 Ask the students to state five reasons that may
Assignment minutes warrant the by-passing of the middlemen.
Submit through your class prefect to the teacher.
 BOARD SUMMARY

THE MIDDLEMEN
Definition: The middlemen are the wholesalers and retailer who specialize in performing
activities relating to the purchase and sales of goods in the process of their flow from
manufacturer to final consumers or buyers. They are situated in the marketing channel at
points between the manufacturer and final consumers.
ADVANTAGES OF THE MIDDLEMEN
1. They breakup commodities in bulk and package them in small quantities to the
needs of the consumers.
2. The make commodities available to the consumers at the times and places
convenient to them.
3. They stabilize prices through stock piling in warehouse.
4. They provide credit facilities to their customers-wholesaler to the retailer, retailer to
the consumer.
5. The help to convey information regarding the products from the consumers to the
manufacturer.
6. They provide after sales services to the consumers.
DISADVANTAGES OF THE MIDDLEMEN
1. Longer channel of distribution.
2. Creation of artificial scarcity.
3. Increase in price.
4. Misinformation
5. Fluctuation of price.
6. Disguised unemployment.

Week 8 PERIOD 4
Subject ECONOMICS
Theme DISTRIBUTIVE TRADE
Topic MEANING AND ROLES OF CO-OPERATIVE SOCIETY
Class Level SS 1
Lesson Duration 40 minutes
Instructional By the end of this lesson, students should be able to:
Objectives/Learning (1) Define co-operative societies.
Outcomes (2) List and explain the roles of co-operatives society.
Instructional • White board • Marker • Textbook • learners note.
Resources/Materials
Teacher Preparation for This lesson requires you make the resources available
the lesson before hand. Make reference to economics textbooks.
Teaching Method • Participatory
1. Class discussion
2. Learners report back.
Lesson Procedure Time Teacher Students Core Skills
Activity Activity
Step 1: 3 Ask the Provide varied • Critical
Identification of prior minutes students to: responses. thinking.
ideas. 1. Define the Copy • Communi
middlemen. correction on cation.
2. State the the previous
advantages assignment
and from the board
disadvantag into their note.
es the
middlemen.
3. Copy
corrections
on previous
assignment
on the board.
4. Introduce the
meaning of
co-operative
society.
Step 2: 10 Define co- Listen
Main Lesson minutes operative attentively.
society. List
and explain the
roles of co-
operative
society.
Step 3: 20 Ask student to: Define co- • Critical
Application minutes 1. Define co- operative thinking.
operative society. List • Communi
society list and explain cation.
and explain the roles of a
the roles of co-operative
the co- society.
operative Copy note
society. summary on
2. Copy note the board.
summary on
the board.
Step 4: 4 Ask the Respond to • Critical
Evaluation minutes students to: the questions thinking.
Define a co- for their active • Communi
operative participation cation.
society, list and (the class give
explain the themselves
roles of a co- cheers)
operative
society.
Step 5: 3 Ask the students to:
Assignment minutes 1. State the roles of Government in distributive
trade.
2. State problems of distribution of commodities
in West Africa.
3. List and explain five economic activities that
can improve effective distribution and
marketing of commodities in West Africa.
Submit through your class prefect to the
teacher.

BOARD SUMMARY

A CO-OPERATIVE SOCIETY
Definition: A co-operative society is defined as a voluntary and business organization in
which a group of individuals with common interest and pool their resources together to
provide the economic and welfare of their members in production, distribution and
consumption of goods and services.
The producers and the consumers’ operative societies do engage in the distribution
of products either directly from the manufacturer or wholesalers and sell to their members
(consumers) at reduced prices.
ROLES OF A CO-OPERATIVE SOCIETY
The roles of a co-operative society include the following:
1) Fighting hoarding
2) Stabilize prices
3) Elimination of middlemen.
4) Marketing of members’ products.
5) Give advice.
6) Bring products closer to members.
7) Grant credit facilities to members.
8) Sell in small quantity to members.
9) Stock variety of goods.

A. Fighting hoarding: The fight against hoarding by wholesalers and retailers by

ensuring that they stock lots of the products for use by member.
B. Stabilize prices: They also help in stabilizing the price of goods by selling them at
affordable prices to members.
C. Elimination of middlemen: They can eliminate the activities of middlemen by
buying their goods directly from manufacturers and selling them directly to
consumers (members).
D. Marketing of members’ products: They also assist their numbers in marketing
their products (i.e. producers’ co-operative society) by ensuring fair prices for their
product.
E. Give advice: The co-operative society also give advice to their numbers
(consumers) as well as the manufacturers/wholesalers.
F. Bring products closers to members: They also ensure that products are brought
to the door step of the consumers (members).
G. Grant credit facilities to members: The co-operative society can grant credit
facilities to members so as to enable them enjoy goods without payment
immediately.
H. Sell in small quantity to members: The co-operative societies buy in reasonable
quantity from wholesaler and sell in bits to the members.
I. Stock variety of goods: The consumer co-operatives societies buy variety of
goods form the manufacturer or wholesaler hence they are exposed to a wide
range of goods.