Meaning of Economic Institution: An economic institutions is an agency which engages in the process of production, distribution and consumption of goods and services in the society. Economic institutions include, the Nigerian Stock Exchange, the Central Bank, Insurance companies etc. TYPES OF ECONOMIC INSTITUTIONS Banking Institutions: Banking institutions are economic institutions that render money and […]
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MANUFACTURING It may be described as the transformation of raw materials such as agricultural, mineral, water and forest resources into arbcles or commodities for trade or human consumption. Manufacturing is imply the polices of turning raw materials into new products by using mechanical chemical processes. Classification of Manufacturing Industries: Manufacturing industries in Nigeria can be
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Coal under domestic use can generate energy in the form of heat and light which are used for cooking. Greater quantity of coal can be used to generate more heat energy to convert water into steam power in order to produce electricity e.g. the Orji river power station uses. Coal for the generation of its electrical energy.
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Mineral and natural resources which occurs in the earth’s crust. They are grouped into three part which are: Mineral fuel: such as petroleum, coal and natural gas Ferrous and non – ferrous metals which include iron, copper, tin, lead etc. Other industrial metals such as gold, mercury, silver, diamond etc. MINERAL FUEL PETROLEUM: Petroleum or
The sectors can be divided into three segment (1) Primary sector (2) Secondary sector (3) Tertiary sector. Primary Sector: This include farming, fishing, forestry and mining
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National Economy can be defined as a nation’s financial resources and its financial management with a view toward its production. It consists of economic agencies that take part in the production, exchange, distribution, and consumption. ECONOMIC ACTIVITIES Example of economic activity as trade. Trading: it is an act of buying and selling goods and services
Self – esteem is the judgement a person makes about himself/herself. It can also be referred to as the recognition of one’s qualities and abilities including values, goals, talents, worths, physical makeup and purpose in life. Self – esteem can be likened to self-respect. TYPES OF SELF – ESTEEM There are two types of self
Population census can be defined as the head count of people living in a geographical area over a period of time. The exercise is called out particularly usually 10 years interval. A population census is a systematic collection of demographic, social, and economic data of all individuals residing in a specific geographic area. It provides
Conflict is defined as a misunderstanding or disagreement between two or more people conflict can occur between families, communities and nations. Nigeria as a nation has witnessed or experience a lot of conflict. For example The civil war between 1967 and 1970 Students not starting from Ali must go Inter – tribal wars – ife
Meaning of peace Peace is a situation in which there is harmony, understanding and good interaction between individuals, communities and nations. It is a period of non-existence of chaos, violence and misunderstanding in a society. Types of Peace Positives Peace: this is a type of peace in which people naturally or normally live together in
A goal is any accomplishment or achievement which an individual focuses and works at achieving goal setting can therefore be to as process of writing down goals to be achieve at a particular time of a specific task. TYPES OF GOALS There are two types of goals Short term goals Long term goals Short Term
Family life education is a concept which exposes the youths to what it entails or demands to run a family successfully when they become adults IMPORTANCE OF FAMILY LIFE EDUCATION It helps in preparing youths for adulthood It gives them sense of direction Supports moral development of the child Provides useful information about having happy
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Population can be referred to as the number of people living in particular area over a period of time. This population of Nigeria as at 2006, according to population census was 14 million but today (2015) the population of Nigeria is over 180 million. BASIC UNITS OF POPULATION Population is made up of The
HUMAN EMOTION (LOVE) Love is a genuine feeling toward someone Love is a strong feeling between two people Love is a strong feeling or affection towards somebody or something Love is the ability to express feelings emotion and affection towards someone or something Love means having deep and warm feeling about and other love involves
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Decision making is the act of making up one’s mind to undertake a particular, cause, project or idea and backing it up with action It could be defined as choice made between alternatives. TYEPS OF DECISION There are two types of decision Minor decision Major decision MINOR DECISION These are decisions that have little or
Mass media are means of communicating with the general public. These can be achieved through television, radio, telephone, internal facilities etc. TYPES OF MASS MEDIA Electronic Media: these include television, radio, internet, movies etc. Print media: These include billboard, newspaper, magazine, postal, calendars etc. Traditional Media: These are gong, drum, town criers, gunshot, fire lighting
Harmful traditional practices are traditional and psychological distresses and damages on individual. The distresses include fear, emotional, pain, stigma, death etc. TYPES OF HARMFUL TRADITIONAL PRACTICES Female circumcision Slavery Child marriage Widowhood Reference for male child Violence against women Female Circumcision: it can also be known as female genital mutilation. It involves the painful removal
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Conflict can be defined as a misunderstanding or disagreement between two or more people. Conflict arises as people interact in their families, workplace, offices, social clubs, communities and countries. Conflict occurs sometimes due to lack of cooperation. As a nation Nigeria has witnessed a lot of conflict. For instance the civil war between 1967
Human trafficking is the act of taking children and women out of their homes to work as domestic servants or commercial sex workers in or out of their country. Factors Responsible for Trafficking in Children and Women Bad Economy: The economic challenges has greatly motivated. So many people to engage in the bad act of
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