Conclusion 5.1 Summary of Major Findings 27 5.2 Economic Performance 28 5.3 Policy Recommendation 28 Chapter – 1 Introduction There is no denying the fact that the economical business sector plays a significant role in the economic development of a country. The importance of an efficient economic sector lies in the fact that‚ it ensures domestic resources mobilization‚ generation of savings‚ and investments in productive sectors. In fact‚ it is the system by which a country’s
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consume goods and services that constitute economic development and the role that the family plays in economic development (Bigombe and Khadiagala‚ 2003). Therefore‚ this essay seeks to critically examine the role of the family in African society in economic development with the description in structures and high divorce rates and attempts to answer whether or not the family still plays the pivotal role of being the foundation of economic development. The essay will begin by defining the key concepts
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functions". Need For Entrepreneurship Development: Economic development essentially means a process of upward change whereby the real per capita income of a country increases over a period of time. Entrepreneurship has an important role to play in the development of a country. It is one of the most important inputs in economic development. The economic history of the presently advanced countries like USA‚ Russia and Japan supports the fact that economic development is the outcome for which entrepreneurship
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THE 1976 LOCAL GOVERNMENT REFORM AND PHYSICAL PLANNING DEVELOPMENT IN NIGERIA S. A. Ifaturoti‚ Department of Estate Management‚ Obafemi Awolowo University‚ Ile-Ife‚ Nigeria. Email: addyfax02@gmail.com Mobile Number: +234 706 270 9658 1.0 INTRODUCTION Local governments are an integral part of government. It is similarly the tier of government that is closest to the people being governed‚ and so the most effective means through which higher governments- state and federal- institute their policy
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“ROLE OF MEDIA AND NGO IN DEVELOPMENT OF SOCIETY” -ABSTRACT- Mass media are the channels‚ such as newspapers‚ magazines‚ radio or television use to communicate information to large group of people’s. By regularly convening information to important audiences‚ from the general public to government‚ and international decision maker a media plays a major role in shaping public debate. Media organizations are independent of political influence and work as important informative
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Feudalism is present in Nigeria Feudalism has been around since the medieval life. The feudal system was a way of government based on responsibilities between the king or lord and vassal. The king would give large estates to his relatives‚ and these estates would range from his large assets to just a small piece of land; for example‚ farms‚ barns‚ animals and houses. And in return‚ what so ever the king asks the relatives to do they have to respond to it as the king commands. In my understanding
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DECADENCE IN NIGERIA It is of no doubt that moral decadence has completely replaced core moral values in present times. This ravaging phenomenon is the cause of some of the major problems Nigeria is facing as a Nation. A society where the youths do not think of how tomorrow would be better than today or how to invent new things to automate processes involved in our daily activities rather focusing on how to enrich themselves by any means and controlling enormous wealth at a tender age. Many
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intermediaries. Number and types of Banks: The number of banks in all now stands at 49 in Bangladesh. Out of the 49 banks‚ four are Nationalized Commercial Banks (NCBs)‚ 28 local private commercial banks‚ 12 foreign banks and the rest five are Development Financial Institutions (DFIs). Sonali Bank is the largest among the NCBs while Pubali is leading in the private ones. Among the 12 foreign
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ROLE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT The entrepreneur who is a business leader looks for ideas and puts them into effect in fostering economic growth and development. Entrepreneurship is one of the most important input in the economic development of a country. The entrepreneur acts as a trigger head to give spark to economic activities by his entrepreneurial decisions. He plays a pivotal role not only in the development of industrial sector of a country but also in the development of
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Tourism is travel for recreational‚ leisure or business purposes. The World Tourism Organization defines tourists as people "traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes".[1] Tourism is important and in some cases vital for many countries‚ such as France‚ Egypt‚ Greece‚ Lebanon‚ Israel‚ the United States‚ the United Kingdom‚ Spain‚ Italy‚ and Thailand‚ and many island nations‚ such as Mauritius
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