Professional Documents
Culture Documents
Applied Economic Quarter 1 Module 6 Week6
Applied Economic Quarter 1 Module 6 Week6
Quarter 1 – Module 6:
Effects of Contemporary Economic
Issues Affecting the Filipino
Entrepreneur
(Week 6)
What I Need to Know
This module was designed and written with you in mind. It is here to help you
analyze the effects of contemporary economic issues affecting the Filipino
entrepreneur. The scope of this module permits it to be used in many different
learning situations. The language used recognizes the diverse vocabulary level of
students. The lessons are arranged to follow the standard sequence of the course.
But the order in which you read them can be changed to correspond with the
textbook you are now using.
What I Know
In this part of the module, the teacher would like to know the idea of the
learner about the lesson. If your score is 15 points, you can skip the lesson but if
you got 14 points and below, continue answering the module.
MULTIPLE CHOICE. Read each statement very carefully. Write the correct answer
in your answer sheet.
1. What do you call to the payment for the use of land?
A. rent B. spending C. income D. capital
2. It refers to income less spending.
A. taxes B. capital C. savings D. investments
3. It is building up the capital stock for more future production and consumption
A. interest rate B. investments C. income D. capital
4. It can be classified as machineries, equipment, buildings and construction.
A. spending B. savings C. capital D. assets
5. It refers to the lowest wage permitted by law below which if paid by employer
will subject him to penalty from the government.
A. minimum wage C. maximum wage
B. maximum salary D. minimum salary
6. Payment for public goods and services by citizens.
A. savings B. debt C. tax D. capital
7. It is consumed to fuel day to day expenditures
A. debt B. spending C. capital D. investments
15. What will happen if there are influxes of investment in the country?
A. It will create jobs.
B. It will result to colonial mentality.
C. More foreigners in the country.
D. Foreigners will invade the country.
Lesson Analyze the Effects of Contemporary
What’s In
Before we start the next lesson, let us recall the types of market
structures and give their characteristics.
Types of Market
Structures
In this part, the teacher presents the new lesson to the learner.
Answer:
Answer: _
Answer:
.
What is It
In this part, the teacher provides brief discussion about the
lesson. It aims to discover and develop new skills to learner.
Business, as they say, is like a gamble. It takes a brave heart to invest their
resources with no guarantee that there will be a return of investments. In this
module, let us discuss the contemporary issues affecting the Filipino entrepreneurs.
INVESTMENT AND INTEREST RATE
Effects to entrepreneur:
Low interest rate attracts more entrepreneurs to invest, while high interest rates lessen the opportunity of the e
RENTALS
As an investor, what will you do if you don’t own land or space to be used for your
business? The answer is rent or lease a land or space. But, how does rental affect
your business operations?
Effects to entrepreneur:
In Income Statement, rental fee is in expense account which means the bigger the place/space, the higher the cos
MINIMUM WAGE
What is minimum wage and how it is determined? It refers to the lowest wage
permitted by law below which if paid by employer will subject him to penalty from
the government. In the Philippines, the Department of Labor and Employment
(DOLE)issued wage order for minimum wage earners effective January 1. 2020.But
how was minimum wage determined? Minimum wage rates are determined by factors
such as poverty threshold, prevailing wage rates as determined by the Labor Force
Survey, and socio-economic indicators (i.e. inflation, employment figures, Gross
Regional Domestic Product, among others), which insure better workers protection.
The National Wages and Productivity Board (NWPC) Wage Order NO. RBIII-22, the
prevailing minimum wage for non-agricultural establishments employing 10 or
more workers in the region 3 except Aurora shall pay their employees at P420.00
per day
while in the Province of Aurora, workers in the non-agricultural sector will receive
minimum salary of P413.00 daily.
Effects to entrepreneur:
Over and above minimum wage is the voluntary productivity-based pay, which encourages workers and ente
TAXES
Tax is the lifeblood of the economy. It fuels the social services provided by the
government to its citizen. But how does tax affect the entrepreneur?
Effects to entrepreneur:
High taxes tend to lessen investment because this is considered an additional cost on the part of the entrepreneu
What’s More
The teacher would like to solidify your understanding about the topic being
discussed.
Activity 1: Thumbs Up! Thumbs Down!
Read each statement very carefully. Write the word Thumbs Up if you agree with
the statement, and Thumbs Down if you disagree with the statement. Write your
answer on the space provided before the number.
__ 1. Low rental fees mean more businesses will be created.
Column A Column B
1. Rent A.
2. Minimum wage
3. Tax
4. Investments
__ _5. Interest rate
B.
C.
D.
E.
Activity3: Yes or No
Check the box of the correct answer.
Yes No
Write all your learnings about the lesson. (Minimum of 3 and maximum of 5
sentences)
What I Can Do
In this part of the module, the teacher would like to know how you can apply
the lesson in real life situation.
On one whole sheet of paper, discuss how you can help the newly set-up
businesses in your community in coping up with the pandemic (COVID-19).
(Essay. 5 PT. RUBRIC 5 points Comprehensive and analytical 4 points Well written
and some includes analysis 3 points Well written but lacks analysis 2 points Weak
essay 1 point Poorly written and lack strength).
Assessment
True or False. Write the word True is the statement is correct and False if the
statement is incorrect. Write you answer in the space provided before the number.
1.Low interest rates on borrowings tend to attract more investors.
2.It is advisable to rent a big space for a new business with limited capital.
3.Setting up minimum wage is solely regulated by the company/employer.
4. Good infrastructures attract investors.
5.Electricity facility is an example of investment.
6.High interest rates mean more investors.
7. Tax is the lifeblood of the economy.
8.Social services provided by the government to its citizens come from
investments.
9.High taxes tend to lessen investment.
10.Tax holiday is given to new investors to attract more investments.
11.If the interest rate is low,the value of dollar tends to increase.
12. If the interest rate is high, the value of Peso tends to decrease.
13. High tax rates lead to less job creation.
14. Minimum wage results in the increase of unemployment.
15. Interest rate – investments; tax evasion – tax
Additional Activities
In this part, the teacher provides another activity to enrich the knowledge or skill of
the learner about the lesson.
How has COVID-19 affected the Filipino entrepreneurs especially the newbies
in the business?