Importance of Edukasyon Pantahanan at pangkanuhayan with entrepreneurship.pptx

IMPORTANCE OF EDUKASYON PANTAHANAN AT PANGKABUHAYAN WITH ENTREPRENEURSHIP

1. Importance of Edukasyon Pantahanan at pangkanuhayan with Entrepreneurship in the K-12 C urriculum

2. Components of EPP in the K-12 Curriculum

3. Learning Compass At the end of the unit, the pre-service teacher can: explain the importance of EPP in the holistic development of the learner for the improvement of their quality of life, their family and their community explain and be guided by the different learning theories needed in teaching EPP

4. IMPORTANCE OF EDUKASYON PANTAHANAN AT PANGKABUHAYAN WITH ENTREPRENEURSHIP IN THE K-12 CURRICULUM

5. COMPONENT OF EPP IN THE K-12 CURRICULUM Role in Modern Education Enhances general education by adapting to a mechanized and technical world. Addresses the growing need for tradesmen and technicians to install, operate, and service modern equipment.

6. PURPOSE OF INDUSTRIAL ARTS :

7. LIFE APPLICATION : Skills learned are valuable for: Future job situations. Consumer knowledge. Home maintenance.

8. Carpentry Is a skilled trade and a craft in which the primary work performed is the cutting, shaping and installation of building materials during the construction of buildings, ships, timber bridges, concrete formwork, etc. Carpenters traditionally worked with natural wood and did the rougher work such as framing, but today many other materials are also used and sometimes the finer trades of cabinetmaking and furniture building are considered carpentry.

9. Plumbing may be defined as the practice, materials, and fixtures used in installing, maintaining, and altering piping, fixtures, appliances, and appurtenances in connection with sanitary or storm drainage facilities, a venting system, and public or private water supply systems. Plumbing does not include drilling water wells, installing water softening equipment; or manufacturing or selling plumbing fixtures, appliances, equipment, or hardware. A plumbing system consists of three parts: an adequate potable water supply system; a safe, adequate drainage system; and ample fixtures and equipment

10. Electronics is the study of how to control the flow of electrons. It deals with circuits that are made with parts called components and connecting wires that control the flow of electricity and direct it to do useful things.

11. Metal Works range of processes, skills, and tools for producing objects on every scale: from huge ships, buildings, and bridges down to precise engine parts and delicate jewelry.

12. Electrical is defined as something related to electricity, which is energy resulting from charged particles. When a wire carries electric current to your television or refrigerator, this is an example of an electrical wire.

13. Orthographic drawing/CAD are a very common style of drawing and are easily created with AutoCAD.

14. Home Economics Is a field of study that is primarily concerned with strengthening family life and increasing productivity of individuals in the social economy. It synthesizes knowledge from arts and science-based disciplines to improve manipulative skills, organizational skills and social skills (James, 2003). Home economics is a broad field of knowledge and services concerned with all phases of family life. Lemchi (2001) also noted that Home Economics is a skill-oriented subject which is capable of equipping the individuals with basic skills and knowledge that will help them to be self-reliant and thereby contribute to the social and economic development of the individual, the family, and the nation at large

15. Household management refers to the various tasks and chores associated with the organization, financial management, and day-to-day operations of a home. Housekeeping is a term that is sometimes used to refer to the cleaning and physical upkeep of a house, as distinct from financial issues or outdoor maintenance. Human development is defined as the process of enlarging people’s freedoms and opportunities and improving their well-being. Human development is about the real freedom ordinary people have to decide who to be, what to do, and how to live.

16. Agriculture Is the science and art of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary human civilization, whereby arming of domesticated species created food surpluses that enabled people to live in cities.

17. Livestock Production. Livestock is commonly defined as domesticated animals raised in an agricultural setting to produce labor and commodities such as meat, eggs, milk, fur, leather, and wool. Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber. Crop production . Irrigated farm areas mainly grow rice and sugarcane whereas rained areas are planted with coconut, corn and cassava. The Philippines' major agricultural products include rice, coconuts, corn, sugarcane, bananas, pineapples, and mangoes

18. Modern Agriculture is a term used to describe the wide type of production practices employed by American farmers. It makes use of hybrid seeds of selected variety a of a single crop, technologically advanced equipment and lots of energy subsidies in the form of irrigation water, fertilizers and pesticides.

19. Theories of Entrepreneurship It is a universal fact that entrepreneurship is an important factor in economic development. An Entrepreneur is the risk bearer and works under uncertainty. But no attempts were made by economists for formulating systematic theory of entrepreneurship. According to William J. Baumol, the economic theory has failed to provide a satisfactory analysis of either the role of the entrepreneurship or its supply.

20. 1. Economic Theory The economic entrepreneurship theory has deep roots in the classical and neo classical theories of economics, and the Austrian market process (AMP). These theories explore the economic factors that enhance entrepreneurial behavior.

21. 1.1 Classical Theory The classical theory extolled the virtues of free trade, specialization, and competition(Ricardo, 1817; Smith, 1776).The theory was the result of Britain’s industrial revolution which took place in the mid-1700 and lasted until the 1830s.The classical movement described the directing role of the entrepreneur in the context of production and distribution of goods in a competitive marketplace (Say, 1803). Classical theorists articulated three modes of production: land; capital; and labor.

22. 1.2 Neo-Classical Theory The neo-classical model emerged from the criticisms of the classical model and indicated that economic phenomena could be relegated to instances of pure exchange, reflect an optimal ratio, and transpire in an economic system that was basically closed. The economic system consisted of exchange participants, exchange occurrences, and the impact of results of the exchange on other market actors. The importance of exchange coupled with diminishing marginal utility created enough impetus for entrepreneurship in the neoclassical movement(Murphy, Liao &Welsch, 2006)

23. 1.3 Austrian Market Process (AMP) These unanswered questions of the neo-classical movement led to a new movement which became known as the Austrian Market process (AMP). The AMP, a model influenced by Joseph Aloi Schumpeter (1934) concentrated on human action in the context of an economy of knowledge. Schumpeter (1934) described entrepreneurship as a driver of market-based systems. In other words, an important function of an enterprise was to create something new which resulted in processes that served as impulses for the motion of market economy.

24. 2. Social Theory Sociological theory is the third of the major entrepreneurship theories. Sociological enterprise focuses on the social context .In other words, in the sociological theories the level of analysis is traditionally the society ( Landstrom , 1998)

25. Psychological Theory The level of analysis in psychological theories is the individual ( Landstrom , 1998). These theories emphasize personal characteristics that define entrepreneurship. Personality traits need for achievement and locus of control are reviewed and empirical evidence presented for three other new characteristics that have been found to be associated with entrepreneurial inclination. These are risk taking, innovativeness, and tolerance for ambiguity

26. 3.1 Personality Traits Theory Coon (2004) defines personality traits as “stable qualities that a person shows in most situations”. To the trait theorists there are enduring inborn qualities or potentials of the individual that naturally make him an entrepreneur. The obvious and logical question on your mind maybe, “What are the exact traits/inborn qualities?” The answer is not a straightforward one since we cannot point out at particular traits. However, this model gives some insight into these traits or inborn qualities by identifying the characteristics associated with the entrepreneur. The characteristics give us a clue or an understanding of these traits or in born potentials. In fact, explaining personality traits means making inference from behavior

27. 3.1.1 Locus of Control Locus of control is an important aspect of personality. The concept was first introduced by Julian Rotter in the 1950s. Rotter (1966) refers to Locus of Control as an individual’s perception about the underlying main causes of events in his/her life. In other words, a locus of control orientation is a belief about whether the outcomes of our actions are contingent on what we do (internal control orientation) or on events outside our personal control (external control orientation).

28. 3.2 Need for Achievement Theory While the trait model focuses on enduring inborn qualities and locus of control on the individual's perceptions about the rewards and punishments in his or her life, (Pervin,1980,), need for achievement theory by McClelland (1961) explained that human beings have a need to succeed, accomplish, excel or achieve. Entrepreneurs are driven by this need to achieve and excel. While there is no research evidence to support personality traits, there is evidence for the relationship between achievement motivation and entrepreneurship (Johnson, 1990).Achievement motivation may be the only convincing person logical factor related to new venture creation (Shaver & Scott, 1991)

29. 4. Crop Production Theory Plants are autotrophic and therefore they fix the energy of the sun and manufacture food from simple inorganic substances for almost all other organisms through photosynthesis. Crop plants have a wide range of development and growth responses to sunlight, day length, temperature, nutrients, and water supply. Farmers do not, however, choose plants as crops for optimum adaptation to individual environments, but those that are preferred food, as in developing countries, or to meet market requirements, including global trade. In consequence, crops are managed to withstand environmental stresses. Socio-economic forces drive change in agriculture that is currently challenged to increase production by 70% to feed 9.2 billion by 2050.

30. 5. Opportunity-based Theory The opportunity-based theory is anchored by names such as Peter Drucker and Howard Stevenson. An opportunity-based approach provides a wide-ranging conceptual framework for entrepreneurship research ( Fiet , 2002; Shane, 2000). Entrepreneurs do not cause change (as claimed by the Schumpeterian or Austrian school) but exploit the opportunities that change (in technology, consumer preferences etc.) creates (Drucker, 1985). He further says, “This defines entrepreneur and entrepreneurship, the entrepreneur always searches for change, responds to it, and exploits it as an opportunity”. What is apparent in Drucker’s opportunity construct is that entrepreneurs have an eye more for possibilities created by change than the problems. Stevenson (1990) extends Drucker’s opportunity-based construct to include resourcefulness. This is based on research to determine the differences between entrepreneurial management and administrative management. He concludes that the hub of entrepreneurial management is the “pursuit of opportunity”.

31. 6. Resource- Based Entrepreneurship Theories The Resource-based theory of entrepreneurship argues that access to resources by founders is an important predictor of opportunity-based entrepreneurship and new venture growth (Alvarez & Busenitz , 2001).This theory stresses the importance of financial, social and human resources (Aldrich, 1999). Thus, access to Honing, 2003). Financial, social and human capital represents three classes of theories under the resource – based entrepreneurship theories.

32. 6.1 Financial Capital/Liquidity Theory Empirical research has showed that the founding of new firms is more common when people have access to financial capital (Blanchflower et al, 2001, Evans & Jovanovic, 1989, and Holtz-Eakin et al, 1994). By implication this theory suggests that people with financial capital are more able to acquire resources to effectively exploit entrepreneurial opportunities and set up a firm to do so (Clausen, 2006).

33. 6.2 Social Capital or Social Network Theory Entrepreneurs are embedded in a larger social network structure that constitutes a significant proportion of their opportunity structure (Clausen, 2006). Shane and Eckhardt (2003)says “an individual may have the ability to recognize that a given entrepreneurial opportunity exist but might lack the social connections to transform the opportunity into a business startup. It is thought that access to a larger social network might help overcome this problem” (pp.333)

34. 6.3 Human Capital Entrepreneurship Theory Underlying the human capital entrepreneurship theory are two factors, education and experience (Becker, 1975).The knowledge gained from education and experience represents are source that is heterogeneously distributed across individuals and in effect central to understanding differences in opportunity identification and exploitation (Anderson & Miller,2003, Chandler & Hanks, 1998, Gartner et al, 2005, Shane & Venkataraman, 2000).

35. References: https://en.wikipedia.org/wiki/Agriculture https://www.economicsdiscussion.net/entrepreneurship/theories-of- entrepreneurship/31823 https://www.cdc.gov/nceh/publications/books/housing/cha09.htm https://simple.wikipedia.org/wiki/Electronics#:~:text=Electronics%20is%20t he%20study%20of,it%20to%20do%20useful%20things . https://en.wikipedia.org/wiki/Metalworking https://www.google.com/search?q=personal+finance+and+family+resourc es&oq =%E2%80%A2%09personal+finance+and+family+resources&aqs=chrome.1.69i57j33i22i29i30l6.3876j0j4&sourceid= chrome&ie =UTF-8 https://en.wikipedia.org/wiki/Personal_finance https://www.researchgate.net/publication/230814855_Entrepreneurship_theories_and_Empirical_research_A_Summary_Review_of_the_Literature

36. Thank you for listening!