DEFICIT BALANCE OF PAYMENT
BALANCE OF TRADE Balance of Trade – This is the comparison of a country’s total visible exports with her total visible imports. When visible exports with her total visible imports… Read More »DEFICIT BALANCE OF PAYMENT
SS 3 Economics (1st Term)
INTERNATIONAL TRADE II
International Trade Advantages International trade generates the exchange of goods and services among the nations of the world to mutual advantages of all participating countries. Promotion of economic development. International… Read More »INTERNATIONAL TRADE II
INTERNATIONAL TRADE I
One way by which we live better on earth today is because international trade permits national, regional or territorial division of labour to be practiced. International trade also known as… Read More »INTERNATIONAL TRADE I
REGULATORY AGENCIES OF FINANCIAL INSTITUTION
Agencies that regulate money market Central Bank of Nigeria (CBN) Nigeria Deposit Insurance Corporation (NDIC) CENTRAL BANK OF NIGERIA The central bank is the apex financial institution in a… Read More »REGULATORY AGENCIES OF FINANCIAL INSTITUTION
SERVICE INDUSTRY
SERVICE INDUSTRIES This is also known as the tertiary sector of industry. It involves the provision of services to business as well as to the final consumers.Service involves doing something… Read More »SERVICE INDUSTRY
MANUFACTURING AND CONSTRUCTION INDUSTRIES
MANUFACTURING INDUSTRIES Manufacturing refers to the turning of raw material into new products by mechanical or chemical processes at home or in the factory. Manufacturing industry is concerned with the… Read More »MANUFACTURING AND CONSTRUCTION INDUSTRIES
PETROLEUM AND THE NIGERIAN ECONOMY
Petroleum was discovered in commercial quantity in 1956 by shell BP at Oloibiri in the present River State. Ever since 1976 till date, petroleum has remained the major source of… Read More »PETROLEUM AND THE NIGERIAN ECONOMY
HUMAN CAPITAL DEVELOPMENT
HUMAN CAPITAL Human Capital refers to the skills, training, experience, education, knowledge, technical know-how and competencies contributed by humans to production process. Human capital is an important factor of… Read More »HUMAN CAPITAL DEVELOPMENT
ASIAN TIGERS, JAPAN, EUROPE AND AMERICA
ECONOMIC HISTORY OF THE ASIAN TIGERS AND JAPAN (1960-2000) The term Asian Tiger refers to a group of countries in the south east of Asia which includes Hong Kong which… Read More »ASIAN TIGERS, JAPAN, EUROPE AND AMERICA