Small Business in Sub-Saharan Africa: Major Constraints in [Nigeria] Introduction The Federal Republic of Nigeria has an area of 923‚768.00 sq kilometres and completely within the tropical zone (About.com 2005). Nigeria has a population which is estimated over 154 million. It is a 12th largest petroleum product producer in the world. Due to the surge in international oil prices during 2007-08‚ Nigeria administrated an annual GDP of US$352.3 billion and has the largest GDP compare
Premium Small business Economics Business
Role of Voluntary Organizations in Community development in Nigeria Submitted by Ekweruo Chigozie Kenneth. Bsc. Pub.Administration & L.G Studies University Of Nigeria Nsukka ABSTRACT Community development entails the provision of infrastructural facilities to the people. The provision of these social amenities can be attained through a number of ways and/or organizations which includes‚ the government‚ community development associations‚ Voluntary Organizations. A Voluntary Organization or Volunteers
Premium Community development Non-governmental organization Non-profit organization
Discuss the relationship between entrepreneurship‚ innovation and economic development. What roles do creativity and problem solving play in this relationship? Refer to both theory and examples from the business world to support your case. It seems inevitable that there will be a strong link between entrepreneurship‚ innovation and economic development and that creativity and problem solving play a key part in this. It is important‚ however‚ to first have a better understanding of the definition
Premium Economics Innovation Joseph Schumpeter
years our company has been closely following the Sierra Leanean diamond “Industry” if we can call it that. Sierra Leone is a small country in West Africa mainly known because of the bloody and vicious civill war which ended about 3 years ago. I have visited this country a few times – each time for a period of 1 month or more. During those vistts I tried to familiarize myself with the diamond and gold mining industry. During those visits – I have been in Freetown (the capital of Sierra Leone)
Premium Africa Gold British Empire
Types of Measurement Scales Marc Waters MKT/441 June 9‚ 2014 Cyndie Shadow Types of Measurement Scales Introduction For this week’s assignment‚ students are to select four types of types of measurement increasing order of sophistication; they are Nominal‚ Ordinal‚ Interval‚ and Ratio. These are categories in which numbers are grouped. This paper will also demonstrate how they can be effective in surveys or questionnaires. Nominal The number we assign to some object‚ idea‚ or behavior is
Premium Level of measurement Measurement Scientific method
ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT In contemporary times‚ certain economic registers are used frequently. Arguably two of these most used terms in economics‚ ‘economic growth’ and ‘economic development’ are terms that just about everyone is at least remotely familiar with‚ even if they have not studied economics at all. Sometimes it seems everyone knows what economic growth and economic development is. Politicians use these terms all the time‚ and so do teachers‚ managers and even preachers
Free Gross domestic product Economics
Economic development has to occur after a period of sustained economic growth. It is therefore the growth in total economic output accompanied by changes in the structure of the economy. There are many barriers to economic development in Ghana. Eight of them are discussed below: First and foremost‚ Ghana like most developing countries is enriched with natural resources or deposits but the human capital is not able to transform them to achieve rapid economic growth and development. For economic
Premium Unemployment Economic growth Economics
ECONOMIC GOALS: Five conditions of the mixed economy‚ including full employment‚ stability‚ economic growth‚ efficiency‚ and equity‚ that are generally desired by society and pursued by governments through economic policies. The five goals are typically divided into the three that are most important for macroeconomics (the macroeconomic goals of full employment‚ stability and economic growth) and the two that are most important for microeconomics (the microeconomic goals of efficiency and equity)
Free Economics Macroeconomics Unemployment
THE IMPACT OF MONEY SUPPLY ON THE ECONOMIC GROWTH OF NIGERIA CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY In the critical observation of the recent Nigerian economic position‚ there has been a great divergence between the rate at which money is supplied and the exact impact it has on the general price level‚ which results in inflation and deflation on one hand‚ and the output growth (productivity) on the other hand. Although‚ it had occurred to our mind that Nigerian
Premium Inflation Monetary policy Money supply
Essay on National Development SENTHIL KUMAR ESSAY The term National development is very comprehensive. It includes all aspects of the nation. It is dynamic and revolutionary development. National development is the total effect of all citizens’ forces and addition to stock of all physical‚ human resources‚ knowledge and skill. National development is growth plus change; change in turn is social‚ cultural‚ and economic. It is qualitative as well as quantitative. Development is brought by human
Premium Economics Distribution Welfare economics