Lesson Plan

Subject: SOCIAL SCIENCE (Economics)

Class: X
Month: October No. of Periods: 9
Chapter 3: Money and credit

Chapter : • Money as a Medium Of Exchange

Money and • Modern Forms of Money
credit • Loan activities of Banks
• Two different credit situations
• Terms of Credit
• Formal Sector Credit in India
• Self-Help Groups for poor
Learning The students will be able to :
Objectives • Identify the importance of Money as a Medium Of Exchange
• Recognize the Modern Forms of Money
• Understand Loan activities of Banks
• Analyze Role of Credit and related two different credit situations
• Understand the Terms of Credit
• Understand the different Sources of credit- Formal and Informal credit
• Understand the working of Self-Help Groups
Resources • NCERT book
• Mind Map
• ALL-in-One marks-(Question and Answers)
Class Work ORAL Explanation & Notes :Q1-13 of TB pg. no. 52-53

Written Work:
Q How do banks mediate between those who have surplus money and those
who need money? Why do the banks undertake this activity?
Q Analyze the role of credit for development.
Q In what way does the Reserve Bank of India supervise the functioning of
banks? Why this is necessary?
Q How is formal sources of credit different from Informal sources?
Q What is the basic idea about SHGs for the poor? Explain in your own
words.
Home Work Worksheet : (enclosed at the end)
Assessment Class Test
Period wise
plan
1 ORAL Explanation& Notes
• Mind Map
•Barter system / Commodity for commodity economy
•Problem of Double coincidence of wants under Barter system
•Money as a medium of exchange and how it has overcome the limitation of
Barter system.
pg no. : 39-40
WRITTEN WORK
•Notes : Barter system / Commodity for commodity economy, Problem of
Double coincidence of wants under Barter system, Money as a medium of
exchange and how it has overcome the limitation of Barter system
2 ORAL Explanation& Notes
• Modern forms of Money
◦ Paper currency and coins
◦ Demand Deposits and cheques
◦ ATMs and Plastic currency
• Loan Activities of Banks- activity of saving and lending money pg no. : 40-
42
WRITTEN WORK
• Notes : Modern forms of Money- Paper currency and coins, Demand
Deposits and cheques, ATMs and Plastic currency, Loan Activities of
Banks- activity of saving and lending money
• Question and Answer
Q How do banks mediate between those who have surplus money and those
who need money? Why do the banks undertake this activity?
3 ORAL Explanation& Notes
• Two Different credit situation-Case Study
• Terms of Credit- Collateral, rate of interest and time of loanpg no. : 43-44
WRITTEN WORK
• Notes: Two Different credit situation-Case Study, Terms of Credit-
Collateral, rate of interest and time of loan
• Question and Answer
Q Analyse the role of credit for development.

4 ORAL Explanation& Notes

• Variety of credit arrangements- Example of a village and loan from
cooperativespg no. : 45-47
WRITTEN WORK
• Notes: Variety of credit arrangements- Example of a village and loan from
cooperatives
5 ORAL Explanation& Notes
• Sources of credit -Formal and Informal sector of credit in Indiapg no. : 48-
49
WRITTEN WORK
• Notes: Sources of credit -Formal and Informal sector of credit in India
• Question and Answer
 Q In what way does the Reserve Bank of India supervise the functioning of
banks? Why this is necessary?
6 ORAL Explanation& Notes
• Sources of credit -Formal and Informal sector of credit in India (contd.)
• Role of credit pg no. : 48-49
WRITTEN WORK
• Notes: Sources of credit -Formal and Informal sector of credit in India
,Role of credit
• Question and Answer
Q How is formal sources of credit different from Informal sources?
7 ORAL Explanation& Notes
• Self Help Group- set up and working of these groupspg no. : 50-52
WRITTEN WORK
• Notes: Self Help Group- set up and working of these groups
• Question and Answer
Q What is the basic idea about SHGs for the poor? Explain in your own
words.
8 • Extra marks-(Question and Answers)
9 Class Test
 Class: X
Subject: SOCIAL SCIENCE (Economics)

Home work Worksheet

Month: October Date of Submission:

1. How does money solve the problem of double coincidence of wants? Explain with an
example.
2. How has money changed different forms over the years?
3. Why Demand deposits are considered a form of money?
4. In situation with high risks, credit might create further problems for the borrowers.
Explain.
5. Why do we need to expand formal sources of credit In India?
 Lesson Plan
Subject: Social Science-Political Science
Class: X
Month: October
Chapter: Outcomes of Democracy No of Periods: 8
Chapter: 7 Outcomes of Democracy

Learning Objectives At the end of the chapter students will be able to:
 Recognise the importance of democracy
 Explain the quality of an accountable, responsive and
legitimate government
 Analyse the role of democracy in economic growth and
democracy of a country
 Understand the role of democracy in reduction of
inequality and poverty
 Appreciate the dignity and freedom of the citizens in a
democracy
Resources NCERT Book (Democratic Politics-II)
All-in-one- Mind Map, SLM

Class Work Oral Explanation and Notes:

 How do we assess democracy’s outcomes?
 Accountable, responsive and legitimate government
 Economic growth and development
 Reduction of inequality and poverty
 Accommodation of social diversity
 Dignity and freedom of the citizens

Written Work:
Q1. Why is democracy considered a better form of govt.?
Q2. How does democracy produce an accountable, responsive
and legitimate government?
Q3. Have democracies promoted economic growth and
development throughout the world? Explain.
Q4. What is the role of democracy in the reduction of
 inequality and poverty?
Q5. What are the conditions under which democracies
accommodate social diversities?
Q6. ‘Democracy stands much superior to any other form of
government in promoting dignity and freedom of the
individual.’ Explain by giving suitable arguments.

Home Work Worksheet

Assessment Class Test

Period wise plan

1  Introduction- Mind Map
 Interaction and Notes- How do we assess democracy’s
outcomes? (Pg. 90)

Democracy is better because:

 It promotes equality among citizens.
 It enhances the dignity of the individual.
 It improves the quality of decision making.
 It provides a method to resolve conflicts.
 It allows room to correct mistakes.

Democracy is based on the idea of deliberation and

negotiation. So, some delay is bound to take place.

In contrast, the democratic government will take more time to

follow procedures before arriving at a decision.

But because it has followed procedures, its decisions may be

both more acceptable to the people and more effective.
So, the cost of time that democracy pays is perhaps worth it.

 Written- Notes, Q1. Why is democracy considered a

better form of govt.?

2  Discussion and Notes- Accountable, responsive and

legitimate government (Pg. 91,92)

 Democracy ensures that decision making will be based

on norms and procedures. So, a citizen has the right
and the means to examine the process of decision
making. This is known as transparency. Democracy
follows procedures and is accountable to the people.
 Democratic governments have a very good record
when it comes to sharing information with citizens and
much better than any non-democratic regime in this
respect. Democracy is attentive to the needs and
demands of the people and is largely free of corruption.
  There is one respect in which democratic government
is certainly better than its alternatives: democratic
government is legitimate government. It may be slow,
less efficient, not always very responsive or clean. But
a democratic government ispeople’s own government.

 Written- Notes, Q2. How does democracy produce an

accountable, responsive and legitimate government?

3  Interaction and Notes- Economic growth and

development (Pg. 93,94)

 Economic development depends on several

factors: country’s population size, global situation,
cooperation from other countries, economic priorities
adopted by the country, etc.
 However, the difference in the rates of economic
development between less developed countries with
dictatorships and democracies is negligible.
 Overall, we cannot say that democracy is a guarantee of
economic development. But we can expect democracy not
to lag behind dictatorships in economic development.

 Written- Notes, Q3. Have democracies promoted

economic growth and development throughout the
world? Explain

4  Lecture and Notes –Reduction of inequality and

poverty (Pg. 95)

 Democracies have growing economic inequalities. A

small number of ultra-rich enjoy a lion share of wealth
and those at the bottom of the society have very little
to depend upon and find very difficult to meet
their basic needs of life, such as food, clothing, house,
education and health.
 Democratically elected governments address
the question of poverty by making various welfare
schemes to remove poverty.
 Democracies not only making welfare schemes but
also give reservations for socially and economically
backward people in jobs, election and educational
institutions.

 Written- Notes, Q4. What is the role of democracy in

the reduction of inequality and poverty?

5  Interaction and Notes –Accommodation ofsocial

diversity (Pg. 96)
  Democracies usually develop a procedure
to accommodate various social groups. This reduces
the possibility of social tensions becoming explosive or
violent.
 No society can fully and permanently resolve conflicts
among different groups. But democracy is best
to handle social differences, divisions and conflicts.
 But the example of Sri Lanka reminds us that a
democracy must fulfill two conditions in order to
achieveaccommodation of social divisions.
 It is necessary to understand that democracy is not
simply rule by majority opinion. The majority always
needs to work with the minority so that governments
function to represent the general view.
 It is also necessary that rule by majority does not
become rule by majority community in terms of
religion or race or linguistic group, etc. Rule by
majority means rule by majority’s choice.

 Written- Notes, Q5.What are the conditions under

which democracies accommodate social diversities?

6  Lecture and Notes – Dignity and freedom of the

citizens (Pg. 97,98)

 Democracy stands much superior to any other form of

government in promoting dignity and freedom of
the individual by providing Fundamental Rights. Every
individual wants to receive respect from fellow beings.
 The passion for respect and freedom are the basis of
democracy. Democracies throughout the world have
recognised this, at least in principle. This has been
achieved in various degrees in various democracies.
 Take the case of dignity of women. Most societies
across the world were historically male dominated
societies.
 Long struggles by women have created some
sensitivity today that respect to and equal treatment of
women are necessary ingredients of a democratic
society.
 Democracy in India has strengthened the claims of
the disadvantaged and discriminated castes for equal
status and equal opportunity.

Expectation from democracy never gets over.

As people get some benefits of democracy, they ask for more

and want to make democracy even better.
That is why, when we ask people about the way democracy
 functions, they will always come up with more expectations,
and many complaints.
The fact that people are complaining is itself a testimony to
the success of democracy: it shows that people have developed
awareness and the ability to expect and to look critically at
power holders and the high and the mighty.

 Written- Notes, Q6. ‘Democracy stands much superior

to any other form of government in promoting dignity
and freedom of the individual.’ Explain by giving
suitable arguments.

7  All-in-one

8  Class Test

WORKSHEET
SOCIAL SCIENCE

CLASS: X Date of Submission:

31 October 2017

Q1. Is a democratic government efficient?

Q2. Mention some negative features of democracy?

Q3. Give arguments to support or oppose the following assertions:

a) Industrialised countries can afford democracy but the poor need dictatorship to
become rich.
b) Democracy can’t reduce inequality of incomes between different citizens.
c) Government in poor countries should spend less on poverty reduction, health,
education and spend more on industries and infrastructure.
d) In democracy all citizens have one vote, which means that there is absence of any
domination and conflict.