Industries in Nigeria
Economics SSS 2 Second Term
WEEK 8
Industries in Nigeria
Performance Objectives
Student should be able to:
- Distinguish among the following concept, plant, factory, firm, industry and industrial estate.
- Explain the factors that influence the location of industry.
- Explain the advantages of localization of industry.
Content
Definition of Concepts
Firm: A firm may be defined as a single unit or entity that carries out the production of goods and services intending to satisfy their customers and make a profit in the process. It is a single independently administered business unit of an industry. A business entity such as a corporation, limited liability company, public limited company, sole proprietorship, or partnership that has products or services for sale is a firm.
Industry: An industry can be.... View More
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- Labour Market - Unemployment
- Elementary treatment of utility theory
- Demand and supply – Types of demand
- Economics SSS2 Second Term Mid-Term Assessment
- Test
- Market Structures I
- Market Structures II
- Industries in Nigeria
- Agriculture
- Agriculture II
- Economics SSS2 Second Final Assessment
- Test
- Price determination
- Demand and supply – Types of supply
- Chapters 12
- Category SSS2
- Author ClassNotes Edu
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