Professional Documents
Culture Documents
Ucsp Q4 M7
Ucsp Q4 M7
Understanding Culture,
Society and Politics
Quarter 4 Module 7: Non-State
Institution
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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
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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
erstanding 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.
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What I Need to Know
MELC:
What I Know
Direction: Read each item carefully and use your notebook to write your answers.
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5. What does it mean when the corporation has unlimited life?
A. not ceasing to exist if a major stockholder die
B. the corporate form is the most effective for raising money
C. spreading business risks among many owners
D. None of the choices
10. What type of cooperative procures and distribute commodities to members and non-
members?
A. Credit cooperative C. Consumer Cooperative
B. Producer cooperative D. Marketing Cooperative
11. What is a voluntary organization of people who have agreed to pool their resources
together in other to undertake an economic plan?
A. Trade unions C. Bank
B. Cooperative D. Corporation
13. Every quarter of the year, the service cooperative is conducting a seminar about
specialized knowledge related to different fields of their members. Which function of the
cooperative is best described by the situation?
A. Provide maximum economic benefits to its members
B. Teach people efficient and effective ways of doing things in a cooperative manner
C. Propagate cooperative practices and new ideas in business and management
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D. None of the choices
15. What does a credit cooperative want to promote among its members?
A. Procures and distributes commodities to members and non-members
B. Undertakes joint agricultural or industrial production
C. Promotes thriftiness among its affiliates, and creates funds to grant loans for
productive endeavor of members
D. Participates in the supply of production inputs to constituents, and markets their
products
Task 1:
Fill-in the diagram with the different types of non-state institutions that are familiar to you.
Read and answer the following questions. Write your answers in your notebook.
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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.
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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
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Trade unions or labor unions are voluntary associations of either employees,
employers, or independent workers to protect their interest and become an instrument of
defense against exploitation and maltreatment.
The commonalities of these two non-state institutions are the following:
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As to Function:
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
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.
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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.
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