COMMERCE CLASS: SS1
SCHEME OF WORK
WEEK TOPIC
1. Introduction to commerce (a)Meaning(B)Scope(C)Functions
2. Introduction to commerce(d)Characteristics of commerce(e) e commerce-(i)Meaning (ii)Functions
3. History of commerce(a)Historical background(b)Factors affecting the growth of commerce(c)The barter system
4. Occupation:(a)Meaning of occupation(b)Classification of occupation(i)industrial occupation(ii)commercial occupation(iii)services occupation
5. Occupation:(a)Factors that determine types of occupation and employment1
6. Production, Division of Labour, Specialization and Exchange(a) Meaning(i)production and Division of labour(ii)Specialization(iii)Exchange
7. Production, Division of Labour, Specialisation and Exchange(b)Classification of production(i)Primary-industry,extractive,manufacturing,construction;(ii)Secondary-Trade,Aids to trade(iii)Tertiary-Direct and direct.
8. Trade(a)Types of trade(i)Home trade(ii)Foreign trade(iii)Entre pot Trade.(b)Relationship between/among the different, types of trade.
9. Home Trade:(a) Meaning of Home trade(b) Characteristics and functions of retail trade.
10.Home Trade(c)Factors to be considered in setting up retail trade(d)Discuss small scale retailers, mobile shops, etc
11. Revision
12. Examination.
WEEK 1
SUBJECT:COMMERCE
CLASS:SS1
DATE:……………………..
TOPIC: INTRODUCTION TO COMMMERCE
CONTENT:(a)Meaning of Commerce
(b)Scope of Commerce
(c)Functions of Commerce
SUB-TOPIC 1: MEANING OF COMMERCE
MEANING OF COMMERCE
Commerce simply refers to all the activities involved in the distribution and exchange of goods and services. Put in another way, commerce is a branch of production which is concerned with the distribution ,exchange of goods and services and all the activities which facilitate or promote trade, e.g. banking, insurance, Transportation, communication, tourism etc. Commerce can also be referred to as the process of buying, selling, and distributing goods and services.
DEFINITION OF COMMERCE
Commerce is concerned with the change of ownership of goods from the time they leave the producer till they reach the consumer. It comprises the trading of something of economic value such as goods, services, information or money between two or more entities, Commerce as such is the driving force behind the process of exchange.
Commerce is situated between producers (who make goods) and consumers (who buy goods). So, we can say that Commerce consists of the businesses that exist between the producers and consumers. The position of Commerce can be shown in a simple diagram.
Producers --------> Commerce -----------> Consumer
EVALUATION
1(a).Define the term ‘commerce’
(b) Commerce is concerned with the change of ownership of goods ’Explain the statement’.
2. What is the position of Commerce in the chain of supply?