FOUNDATIONS OF ENTREPRENEURSHIP AND FINANCIAL LITERACY
About This Course
This module consists of 8 topics. The first topic is divided into sections A and B. It introduces students to the world of entrepreneurship and financial literacy. It emphasizes the practical knowledge and skills needed to understand money, save effectively, and navigate the unique challenges of entrepreneurship in Nigeria.
Learning Objectives
• Define Entrepreneurship and explain who an entrepreneur is;
• Mention the benefits and functions of an entrepreneur;
• Mention and explain types of children entrepreneurs;
• State the factors affecting early entrepreneurship;
• Explain entrepreneurship intentions;
• List and explain key qualities of an entrepreneur;
Target Audience
- Teachers
Curriculum
6 Lessons
Introduction to Entrepreneurship Literacy
At the end of the lesson, pupils will be able to:
Define Entrepreneurship and explain who an entrepreneur is;
Mention the benefits and functions of an entrepreneur;
Mention and explain types of children entrepreneurs;
State the factors affecting early entrepreneurship;
Explain entrepreneurship intentions;
List and explain key qualities of an entrepreneur;
Introduction to Entrepreneurship Literacy9:22
Activity 1: Entrepreneur Simulation00:00:00
Module One-Topic One
Challenges of Entrepreneurship in Nigeria
Introduction to the Concept of Money
Understanding Budgeting
Understanding Savings
Discussion
Explain the different functions of an entrepreneur such as;
• Employment Generation: By establishing ventures, entrepreneurs create job opportunities for themselves and others.
• Market Expansion: Entrepreneurs help expand markets by introducing new products or services or improving existing offerings.
• Problem-Solving: Finding solutions to challenges.
• Improvement of Standard of Living: By introducing innovative products and services, entrepreneurs can improve the standard of living of consumers.
Use an example of a small business (like craft making) to illustrate these functions.
PRACTICAL ACTIVITIES
To give pupils hands-on experience in entrepreneurship by running a mini-business in the classroom.
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