senior high school economics

What is the role of the primary sector in the economic development of developing countries in West Africa and the rest of the world? The primary sector helps the general population in many ways. It also contributes to the development of the secondary and tertiary sectors of the economies of developing countries. Overall, the primary

So what are the major causes of an increase in demand for a commodity? This brief tutorial will give you the points you need to answer this question in your school test, assignment/homework or final examination. Causes of an Increase in Demand- WASSCE/SHS Economics Revision Notes Note that an “increase in demand” falls under the

There are many international economic organizations. In this post, I’m going to give you important facts you must know about 15 of these international economic organizations. 1. International Monetary Fund (IMF) The International Monetary Fund (IMF) is a financial institution set up to manage the international monetary system. The IMF also aims to create favourable

It is possible to increase agricultural output in Africa and other developing countries. Many developing countries, including those in West Africa and the rest of the continent record poor agricultural output every year. This is in spite of the fact that most of these countries boast of the best natural resources suitable for agricultural production

Foreign Aid Foreign Aid is the assistance (in the form of resources or commodities such as foreign currency, equipment, technical skills, food, relief items etc.) mostly given by rich countries (Britain, the USA, Germany, Japan etc.) or international organizations and financial institutions (the World Bank, the I.M.F., Peace Corps, specialized agencies of the UN etc.)

Do you want to know the basic features that make one form of international economic cooperation different from the others? Maybe you are not familiar with the names of  the various types of international Economic cooperation. We are talking here about forms of international economic cooperation or integration like Free Trade Area, Customs Union, A

There is a good chance you will see one or two of these WASSCE Economics questions on problems African economies keep facing in your next WASSCE or other  examination. 76 Probable problem-related questions in WASSCE Economics 1. What factors account for the low productivity of agriculture in your country?2. What factors have hindered industrial development

The commonest types of cost in Economics include implicit cost, explicit cost, marginal cost, accounting cost, money cost, opportunity cost, overhead cost, social cost, variable cost and fixed cost. Where are the diagrams? You will notice that diagrams are missing in these notes on the types of cost in Economics. This is a deliberate omission