Week 2

Topic: Wages and Income

Subtitle: Problems of income distribution in Nigeria

Learning Objectives: At the end of the lesson, pupils should be able to:

1 define wages.

2 define salary.

3 say the difference between a wage and a salary.

4 mention at least five reasons why people work.

5 mention at least three ways of rewarding workers.

6 write at least three problems of income distribution in Nigeria.

7 mention ways of solving those problems.

Content

Wages

Wages refer to the amount of money paid to a worker in return for the work he or she has done or the services he or she has rendered. Wages can be paid daily, weekly, or fortnightly..... View More