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Module Code: PASAY-UCSP-Q2-W1-D1

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

DEPARTMENT OF EDUCATION-NATIONAL CAPITAL REGION


SCHOOL DIVISION OF PASAY CITY
Understanding Culture, Society and Politics
Quarter 2 / Week 1/ Day 1

MELC: Explain the forms and functions of state and non-state institutions.
Objective: Construct own examples of each Major Economic sector.

What’s New
PICTURE ANALYSIS

DIRECTIONS: Analyze and describe the picture using three sentences only. Write your
answer on the space provided.

_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________

Page 1 of 20
Module Code: PASAY-UCSP-Q2-W1-D1

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

What is It
STATE INSTITUTIONS
Economic Institutions
Human beings are driven to satisfy their individual basic necessity which includes food,
water and shelter however human beings also aim for goods and services which can be attained
through help from the many or known as collective effort (Santarita and Madrid 2016) This make
economic activity essential in Human’s life because it can influence complexity of society and the
character of its cultural and social life.
Imagine if there is an alteration or change in the means of production as well as the
redistribution and exchanges of deliverables or services, it can strongly affect the overall
functioning of society. For instance, the continuous increase of price in petrol can also have
massive effect in price of goods such as fruits and vegetables for the supplier must also take into
consideration petrol and its market value because they’ll be using petrol for transportation of
fruits and vegetables. This scenario might result to a possible change of market value among the
above-mentioned products.

Gilliard et al., (2000) argued that economic institution is being defined as an enduring
organization, practice or relationship created by individuals to handle and cope with basic
economic dilemmas.

Now that we established the definition and importance if economic institutions, let us
now discuss the major economic sectors and forms of redistribution and exchange of products.
Read and carefully analyze the table and graphic organizer below because these might help you
to better understand the subject matter.

Table 1. Forms of Redistribution and Exchange of Products


Forms Meaning Examples

1.RECIPROCITY ➢ Transaction between two ➢ The dowry given by Muslim groom to


socially equal parties his prospective bride is tantamount to
having the same status the wealth and educational
with regards to values of attainment possessed by the later
goods or services. ➢ In the Philippines, most often than
Types of Reciprocity not, the eldest child expresses
1.1 GENERALIZED ➢ A form of transaction generalized reciprocity to their family
RECIPROCITY which utilizes gestures by graduating and in exchange they
that expresses personal will be providing means to sustain the
relationships than academic needs of their other
economic transactions siblings.

1.2 BALANCED In this form of transaction, the One good example is the business transaction
RECIPROCITY giver is expected to gain between Filipino artists and advertisement
something in return although it company. Artists will perform activities that
does not have to be given are required of him or her by the said
instantly. advertisement company in exchange for
publicity and exposure.

Page 2 of 20
Module Code: PASAY-UCSP-Q2-W1-D1

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

This transaction practiced using


1.3 NEGATIVE deceiving ways to gain profit. In
Example business ventures offered to you by
RECIPROCITY this form of transaction,
persons you do not have personal relationship
individuals involved try to gain
with.
as much as conceivable while
paying the least amount possible

2.REDISTRIBUTION The process by which product


produced out from the
Taxes are collected from individuals based on
community is sent to a place
their income. The money collected is
where they are stored, counted,
distributed to other members of society
and later distributed back to the
through different government programs.
people. It is usually the leader of
community who is in-charge of
the process. (Santarita and
Madrid 2016)The said authority
may be a single individual, (e.g., Charitable donation functions similarly.
a chief, or a group of people, or
temple priests) The central
authority uses the distribution
of goods and services to generate
interdependence between the
parties involved.

3.MARKET The price of the transactions of


EXCHANGE deliverables and services that
Transaction that uses money in exchange of
are supposedly governed by the
goods or services.
rules of supply and demand.

Major Economic Sectors


Economy is the social institution that organizes a society’s production,
distribution, and consumption of goods and services. The economy has three
sectors

Page 3 of 20
Module Code: PASAY-UCSP-Q2-W1-D1

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

What’s More

Activity I: PROVIDE YOUR OWN


DIRECTIONS: Construct own examples of each Major Economic Sectors. Write
your answer on the thought bubble provided.

PRIMARY
SECTORS

____________________
____________________
____________________
____________________
____________________
____________________
____________________
____________________
____________

SECONDARY
SECTORS

_______________________
_______________________
_______________________
_______________________
_______________________
TERTIARY _______________________
SECTORS ______________________

__________________________
__________________________
__________________________
__________________________
__________________________
__________________________
____

Page 4 of 20
Module Code: PASAY-UCSP-Q2-W1-D1

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

What I Have Learned

Activity I: SELF-LEARNING ASSESSMENT

DIRECTIONS: Using Fist of Five, assess your understanding about the topic. 5 means you have
demonstrated proficiency of topic beyond standard and can explain it to others, 4 mastered the
topic, 3 means needed supervision, 2 for needs improvement, and 1 if unable to learn
fundamental knowledge related to topic.

ASSESS YOURSELF:

I can identify and explain the types of reciprocity


I can compare forms of distribution and market exchange
I can differentiate functions of the different sectors in economy
I can easily share the concepts of economic institutions with my classmates
I can evaluate the impact of economic institution on the lives of people in
community
Activity II: MULTIPLE CHOICE

DIRECTIONS: Read each question carefully and write only the letter of the correct answer on
the space after each sentence.

Choices for ITEMS 1-3


A. Generalized Reciprocity
B. Balanced Reciprocity
C. Negative Reciprocity
D. Reciprocity

1. A form of transaction which utilizes gesture that expresses personal relationships is known
as ________
2. Individuals involved in this transaction desire to gain as much as probable while paying the
least amount possible. The transaction between both parties is identified as________
3. What type of transaction exist when the giver is expected to gain something in return although
it does not have to be instantly? ________

4.As the eldest, Mariel provides educational assistance to her sister Karen. This form of
transaction is known as: _________

5. It is known as the transaction between two socially equal parties having the same status
with regards to values of goods or services. _________

References

Candelaria, Anne Lan, Jose Jowel Canuday, Czarina Saloma, Nico N. Aquino, Kalenna Lorene S. Asis, Evelyn V. Avila,
Elisa Bustamante, Reynola Laurenciano, Jeffrey Anthony F. Reyes, and Neil Vincent Sandoval. 2016.
"Understanding Culture Society and Politics (Teacher's Guide)." https://lrmds.deped.gov.ph/pdf-
view/12240?fbclid=IwAR3xCj7gcyBQRM5b2m0EUboV-Sxt81GYTe1GNttD__aQMJLJu1eShbPJmoM.
Fiecas, Dan Kloyd. 2017. "Non-state Institutions." Prezi. October 1. Accessed June 3, 2020.
https://prezi.com/yt3n8qno-xax/ucsp/.
n.d. Lumen Learning. https://courses.lumenlearning.com/culturalanthropology/chapter/economic-organization-
distribution-2/.
Macionis, John J. 2012. "Sociology." Pearson Education, Inc. United States of America.
Santarita, Joefe B., and Randy M. Madrid. 2016. Understanding Culture, Society and Politics. Quezon City: Vibal,
Group Inc.
Saunders, Phillip, and June Gillard. 2000. A Framework for Teaching Basic Economic Concepts with Scope and
Sequence Guidelines K-12. New York.
2020. "WikiEducator." Cultural Anthropology/Social Institutions/Economic Org. March 26.
https://wikieducator.org/Cultural_Anthropology/Social_Institutions/Economic_Org.

Prepared By:
MEKISA V. AMORES
Pasay City South High School

Page 5 of 20
Module Code: PASAY-UCSP-Q2-W1-D2

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

DEPARTMENT OF EDUCATION-NATIONAL CAPITAL REGION


SCHOOL DIVISION OF PASAY CITY
Understanding Culture, Society and Politics
Quarter 2 / Week 1/ Day 2

MELC: Explain the forms and functions of state and non-state institutions.
Objective: Explain the concept redistribution and market exchange using own experiences.

DIRECTIONS: Create a concept based on the words below! Write your answer
in the space provided.

_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________

What I Can Do

DIRECTIONS: Construct own example of redistribution and market exchange


based on your observation from your community.

Page 6 of 20
Module Code: PASAY-UCSP-Q2-W1-D2

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

MEANING EXAMPLE
The process by which _____________________________
product produced out from _____________________________
the community is sent to a _____________________________
place where they are stored, _____________________________
counted, and later on _____________________________
distributed back to the _____________________________
people. It is usually the leader _____________________________
REDISTRIBUTION of community who is in- _____________________________
charge of the process. _____________________________
(Santarita and Madrid _____________________________
2016)The said authority may _____________________________
be a single individual, (e.g., a ____________________________
chief, or a group of people, or _____________________________
temple priests) The central ____________________________
authority uses the _____________________________
distribution of goods and ____________________________
services to generate
interdependence between the
parties involved.
MEANING
The price of the EXAMPLE
MARKET transactions of deliverables _____________________________
EXCHANGE and services that are _____________________________
supposedly governed by the
_____________________________
rules of supply and demand.
However, personal loyalties _____________________________
and moral values intervene in
_____________________________
price determination most of
the time. _____________________________
Pre-industrial and industrial
_____________________________
societies have varying
practices of this type of _____________________________
exchange
_____________________________
In pre-industrial societies
trade is done face-to-face and _____________________________
payment maybe done through
_____________________________
barter.
In industrial societies trade _____________________________
may be done face-to-face,
_____________________________
virtually, or through a proxy,
among others. Money is _____________________________
utilized in all transactions
_____________________________
and prices are set at
monetary value.

Page 7 of 20
Module Code: PASAY-UCSP-Q2-W1-D2

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

SOCIOLOGICAL INVESTIGATION!
DIRECTIONS: Read and answer the question properly. Come up with a
proposition and provide supporting details such as fact, statistics, examples, and
statement from expert authority.
1. During the enhanced community quarantine in your barangay, how did
the local government unit utilize the taxes, funds, and resources in your
community?

PROPOSITION/SUPPORT OUTLINE FOR REDISTRIBUTION OF


RESOURCES IN YOUR BARANGAY DURING ECQ.

STATEMENT:

SUPPORT:
FACTS:

STATISTICS:

EXAMPLES:

EXPERT AUTHORITY:

LOGIC AND REASONING:

Page 8 of 20
Module Code: PASAY-UCSP-Q2-W1-D2

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

What’s More

D.I.Y COMIC STRIPS

DIRECTIONS: Draw illustrations of market exchange you have seen


during enhanced community quarantine in your neighborhood.

Page 9 of 20
Module Code: PASAY-UCSP-Q2-W1-D2

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________
INQUIRY CHART

DIRECTIONS: Answer the question below and indicate your references. Come
up with a summary based on your gathered data.

QUESTION: 1. Can a society survive without the presence of social institutions?


SOURCE:

SOURCE:

SOURCE:

SUMMARY

References

Candelaria, Anne Lan, Jose Jowel Canuday, Czarina Saloma, Nico N. Aquino, Kalenna Lorene S. Asis, Evelyn V. Avila,
Elisa Bustamante, Reynola Laurenciano, Jeffrey Anthony F. Reyes, and Neil Vincent Sandoval. 2016.
"Understanding Culture Society and Politics (Teacher's Guide)." https://lrmds.deped.gov.ph/pdf-
view/12240?fbclid=IwAR3xCj7gcyBQRM5b2m0EUboV-Sxt81GYTe1GNttD__aQMJLJu1eShbPJmoM.
Fiecas, Dan Kloyd. 2017. "Non-state Institutions." Prezi. October 1. Accessed June 3, 2020.
https://prezi.com/yt3n8qno-xax/ucsp/.
n.d. Lumen Learning. https://courses.lumenlearning.com/culturalanthropology/chapter/economic-organization-
distribution-2/.
Macionis, John J. 2012. "Sociology." Pearson Education, Inc. United States of America.
Santarita, Joefe B., and Randy M. Madrid. 2016. Understanding Culture, Society and Politics. Quezon City: Vibal,
Group Inc.
Saunders, Phillip, and June Gillard. 2000. A Framework for Teaching Basic Economic Concepts with Scope and
Sequence Guidelines K-12. New York.
2020. "WikiEducator." Cultural Anthropology/Social Institutions/Economic Org. March 26.
https://wikieducator.org/Cultural_Anthropology/Social_Institutions/Economic_Org.

Prepared By:

MEKISA V. AMORES
Pasay City South High School

Page 10 of 20
Module Code: PASAY-UCSP-Q2-W1-D3

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

DEPARTMENT OF EDUCATION-NATIONAL CAPITAL REGION


SCHOOL DIVISION OF PASAY CITY
Understanding Culture, Society and Politics
Quarter 2 / Week 1/ Day 3

MELC: Explain the forms and functions of state and non-state institutions.
Objective: Explain the social implications of non-state institutions to individuals in community

What’s In
Review what you have learned from the previous topic!
DIRECTIONS: There are two incomplete statements below and you need to
complete them with the first thought that comes into your mind. Write your
answers in the space provided.

I have learned and discovered in


the previous topic
that___________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
____________

I think the previous


topic is connected to
the present topic
because_______________
_______________________
_______________________
_______________________
_______________________
_______________________
_______________________
_______________________
_______________________
_____

Page 11 of 20
Module Code: PASAY-UCSP-Q2-W1-D3

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

What’s New
Activity I: WORD SEARCH
DIRECTIONS: Complete the Word Search Puzzle. Encircle the words that you
think are included in the discussion of this lesson. Write them in the space
provided.

_______________________
_______________________
_______________________
_______________________
_______________________
______________________

Page 12 of 20
Module Code: PASAY-UCSP-Q2-W1-D3

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

What is It
Activity II: COMPLETE ME!
DIRECTIONS: Complete the table below by writing your own perspectives
regarding the social implications of non-state institutions to individuals in
community during the enhance community quarantine.

Non-state
Descriptions Social Implications
Institutions

➢ A bank is a financial
institution that receives
deposits from the public
and generates credit. _________________________
_________________________
_________________________
Commercial/Retail Banks
_________________________
➢ Manage withdrawals and
_________________________
deposits as well as supplying _________________________
short-term loans to a person _________________________
BANKS and small-scale businesses. _________________________
Investment Bank _________________________
_________________________
➢ A bank that purchases large _________________________
holdings of newly issued _________________________
_________________________
shares and resell them to
_________________________
investors _________________________
Insurance and Companies _________________________
_________________________
➢ Offers insurance policies to _________________________
public either by selling it
directly to a person or through
an employer’s benefit plan.

➢ A corporation is a legal unit


that is distinct from its
_________________________
owners. Moreover, _________________________
corporation has the right to _________________________
CORPORATION
enter contracts, loan and _________________________
borrow money, hire _________________________
_________________________
employees, own assets, and
pay taxes.

Page 13 of 20
Module Code: PASAY-UCSP-Q2-W1-D3

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

➢ Cooperatives are jointly


owned enterprise engaging _________________________
in the production or _________________________
distribution of goods or _________________________
COOPERATIVES
_________________________
services. Cooperatives are _________________________
usually operated by farmers _________________________
or consumers for their
mutual benefit.

➢ Trade unions or also known


as labor unions are consist _________________________
of workforces who have _________________________
come together to attain _________________________
mutual goals like protecting _________________________
TRADE UNIONS _________________________
the integrity of its trade, _________________________
improving safety standards, _________________________
achieving higher pay and _________________________
benefits like health care,
and retirement

_________________________
➢ Organizations which are _________________________
devoted into manipulating _________________________
TRANSNATIONAL
political, economic, social, and _________________________
ADVOCACY
institutional decisions across _________________________
GROUPS _________________________
country boarders.

➢ These are independent


organizations whose goals are _________________________
to help develop and support _________________________
economic growth especially for _________________________
DEVELOPMENT _________________________
the poor and marginal portion
AGENCIES _________________________
of the society. So, they may _________________________
have opportunities for income
and decent employment

Page 14 of 20
Module Code: PASAY-UCSP-Q2-W1-D3

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

➢ Include both governmental


and non-governmental
organizations
International Non- _________________________
governmental organizations _________________________
_________________________
➢ transcend boarders in pursuit _________________________
of common cause _________________________
_________________________
Examples of INGO’s
_________________________
International Red Cross and _________________________
_________________________
other humanitarian teams
_________________________
deployed in areas hit by natural _________________________
and man-made disaster. _________________________
_________________________
INTERNATIONAL International Governmental _________________________
ORGANIZATIONS Organizations _________________________
_________________________
➢ refer to a grouping established
_________________________
by states and are based on _________________________
treatise, have formal _________________________
structures and meet at regular _________________________
intervals (Santarita and _________________________
_________________________
Madrid 2016)
_________________________
_________________________
Example of IGO’S
Peace keeping Forces sent by the
United Nations to warring state.

Table 1. Non-state Institution in The Society

References

Candelaria, Anne Lan, Jose Jowel Canuday, Czarina Saloma, Nico N. Aquino, Kalenna Lorene S. Asis, Evelyn V. Avila,
Elisa Bustamante, Reynola Laurenciano, Jeffrey Anthony F. Reyes, and Neil Vincent Sandoval. 2016.
"Understanding Culture Society and Politics (Teacher's Guide)." https://lrmds.deped.gov.ph/pdf-
view/12240?fbclid=IwAR3xCj7gcyBQRM5b2m0EUboV-Sxt81GYTe1GNttD__aQMJLJu1eShbPJmoM.
Fiecas, Dan Kloyd. 2017. "Non-state Institutions." Prezi. October 1. Accessed June 3, 2020.
https://prezi.com/yt3n8qno-xax/ucsp/.
n.d. Lumen Learning. https://courses.lumenlearning.com/culturalanthropology/chapter/economic-organization-
distribution-2/.
Macionis, John J. 2012. "Sociology." Pearson Education, Inc. United States of America.
Santarita, Joefe B., and Randy M. Madrid. 2016. Understanding Culture, Society and Politics. Quezon City: Vibal,
Group Inc.
Saunders, Phillip, and June Gillard. 2000. A Framework for Teaching Basic Economic Concepts with Scope and
Sequence Guidelines K-12. New York.
2020. "WikiEducator." Cultural Anthropology/Social Institutions/Economic Org. March 26.
https://wikieducator.org/Cultural_Anthropology/Social_Institutions/Economic_Org.
Prepared By:
MEKISA V. AMORES
Pasay City South High School

Page 15 of 20
Module Code: PASAY-UCSP-Q2-W1-D4

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

DEPARTMENT OF EDUCATION-NATIONAL CAPITAL REGION


SCHOOL DIVISION OF PASAY CITY
Understanding Culture, Society and Politics
Quarter 2 / Week 1/ Day 4

MELC: Explain the forms and functions of state and non-state institutions.
Objective: Classify the Non-state institutions and identify their implications in the society.

What’s More

Activity I: INQUIRY CHART FOR NON-STATE INSTITUTIONS


DIRECTIONS: Complete the Inquiry Chart. Indicate references to you answers.
Synthesize the gathered information from each question into a summary.
TOPIC: What are the How can non- Provide New
different state other Question/s
classifications of non- institutions interesting
state institutions? bring change facts
in the
society?

SOURCE:

SOURCE:

SOURCE:

SUMMARY

Page 16 of 20
Module Code: PASAY-UCSP-Q2-W1-D4

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

REMEMBER:

Non-state institutions are entities that


participate in international politics. They are
organizations with sufficient power to
influence and cause a change even though
they do not belong to any established
institution of state.

Horizontal
2. An institution that usually operated by farmers or consumers for their
mutual benefit.
5. A bank that purchases large holdings of newly issued shares and resell them
to investors
6. A legal unit that is distinct from its owners.
7. A financial institution that receives deposits from the public and generates
credit
8. An example for International Organization
Vertical
1. These are independent organizations whose goals are to help develop and
support economic growth especially for the poor
3. consist of workers who have come together to attain mutual goals
4. Manage withdrawals and deposits as well as supplying short-term loans to a
person and small-scale businesses

Page 17 of 20
Module Code: PASAY-UCSP-Q2-W1-D4

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

What I Can Do
“REFLECTION ON THE GO”
DIRECTION: Compose and write at least five words base on your own idea/s
that may define the Social Roles and Functions of the presented types of
Nonstate Institution to you on the “ME” textbox as well as to your community
on the “SOCIETY” textbox.

Assessment
MULTIPLE CHOICE

DIRECTIONS: Read and answer the questions properly then tick (/) the letter
that corresponds to your answer.

1.Kevin Corpuz owns and farms Philippine Liberica Coffee in Lipa, Batangas City. Which
of the Major Economic Sectors does he belong?
A. Primary
B. Tertiary
C. Secondary
D. International

2. A company requires Nadine Lustre to perform during their charity event in exchange
for publicity and exposure. What kind of reciprocity exists in the scenario?
A. Generalized
B. Balanced
C. Negative
D. Positive

Page 18 of 20
Module Code: PASAY-UCSP-Q2-W1-D4

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

3. The following are classification of non-state institutions except


A. Red Cross
B. Metro bank
C. Market exchange
D. Jollibee corporations

4. A non-state institution that receives deposits from the public and generates credit
A. Bank
B. Corporations
C. Cooperatives
D. Trade Union

5. Which of the following is not an example of secondary sectors?


A. Rice field owner
C. Textile companies
D. Construction industries
B. Pharmaceutical companies

6. Which of the following situations is correct about the concept of redistribution?


A. Sophie paid 65 pesos for her jolly spaghetti and drinks
B. Kevin has the responsibility to finance his younger siblings’ education as a
form of his gratitude to his parents’ support.
C. Mark bought medical supplies from a pharmaceutical company and resell it
within a higher price to gain profit.
D. Mr. Amores donated 5,000 pesos to GMA Foundation. The GMA Foundation
used the donation to provide relief goods such as rice grains, blankets, canned
goods, and toiletries to the victims of Bagyong “Ambo”

7.Which of the following concepts is not true about reciprocity?


A. It is the transaction between two socially equal parties having the same status
with regards to values of goods or services.
B. Transactions between individuals wherein they try to gain as much as
conceivable while paying the least amount possible.
C. This transaction is limited only to money in exchange of goods or services.
D. The giver is expected to gain something in return

8. Which of the following best describes insurance and companies?


A. Transcend boarders in pursuit of common cause
B. Develop and support economic growth especially for the poor
C. Propose insurance policies to public either by selling it directly to a person or
through an employer’s benefit plan.
D. Manage withdrawals and deposits as well as supplying short-term loans to a
person and small-scale businesses

9. Which of the following statements are correct about corporations?


1. A corporation is a legal unit that is distinct from its owners.
2. A corporation has the right to enter contracts, loan and borrow money, hire
employees, own assets, and pay taxes.
3. The primary goal of corporation is to develop and support economic growth
especially for the poor and marginal portion of the society
4.Corporations manipulate political, economic, social, and institutional decisions
across country boarders.
A. 1
B. 1and 2
C.1,2 and 3
D.1,2,3 and 4

Page 19 of 20
Module Code: PASAY-UCSP-Q2-W1-D4

Name: ____________________________________________________ Track/Strand: _______________


Teacher: ___________________________________________________ Grade Level: _______________

10. How can developmental agencies contribute meaningfully to the society?


A. By utilizing jointly owned enterprise
B. Through selling insurance policies through an employer’s benefit plan
C. By providing support for economic growth especially for the poor and marginal
portion of the society.
D. Via manipulation of political, economic, social, and institutional decisions
across country boarders

Additional Activities
MATCHING TYPE
DIRECTIONS: For each item in column A (terms), select the statement in column B (responses that best
define the terms in Column A). Write the letter of the correct answer on the space before each number.

COLUMN A COLUMN B
A. Also known as labor unions and is consist of workforces who have
_____1. BANKS come together to attain mutual goals
_____2. COOPERATIVES B. Frequently operated by farmers or consumers for their mutual
benefits.
_____3. TRADE UNION C. A financial institution that receives deposits from the public and
_____4. DEVELOPMENT generates credit.
D. The goal of this institution is to help the poor and marginal portion
AGENCIES
of the society. So, they may have opportunities for income and decent
_____5. TRANSNATIONAL employment
ADVOCACY GROUPS E. Organizations which are devoted into manipulating political,
_____6. CORPORATION economic, social, and institutional decisions across country boarders
F. Manage withdrawals and deposits as well as supplying short-term
_____7. INTERNATIONAL
loans to a person and small-scale businesses
ORGANIZATIONS G. A bank that purchases large holdings of newly issued shares and
_____8. INSURANCE AND resell them to investors
COMPANIES H. Offers insurance policies to public either by selling it directly to a
person or through an employer’s benefit plan.
_____9. INVESTMENT BANK I. International Red Cross is an example of this non-state institution.
J. A legal unit that is distinct from its owners. Moreover, corporation has
_____10. RETAIL BANKS the right to enter contracts, loan and borrow money, hire employees,
own assets, and pay taxes.

References
Candelaria, Anne Lan, Jose Jowel Canuday, Czarina Saloma, Nico N. Aquino, Kalenna Lorene S. Asis,
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Prepared By:
MEKISA V. AMORES
Pasay City South High School

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