Commerce SS1 Second Term 
Week 7: Foreign Trade 

Contents:

Meaning Of Foreign Trade
Types Of Foreign Trade
Advantages and Disadvantages of Foreign Trade
Barrier To Foreign Trade

MEANING OF F […]

Commerce SS1 Second Term Week 6
TOPIC: Arguments for and against elimination and survival of wholesalers channel of distribution

Commerce SS1 Second Term WEEK 5
TOPIC: Wholesale Trade 
CONTENT- Wholesale Trade

Commerce SS1 Second Term Week 4
Topic- Modern Trends in Retailing
Content-

Modern Trends in Retailing
Branding, Self-Service, After sales services, Vending machines, Pre-packaging and Credit Card […]

THE MEANING OF REVENUE TO AN ECONOMICS

Commerce Ss 1 Second Term Week 3
Topic- Characteristics, Advantages and Disadvantages of each type of Large Scale Retailer
CONTENT – 

Characteristics, Advantages and Disadvantages of each type of Large […]

What is Balance of Payment?
Balance of payments can be defined as the relationship between the total sum of a country’s payment for importation of goods  and her receipts for exportation. In other words, it is […]

Commerce SS1 Second Term Week 2
Topic – Characteristics, advantages and disadvantages of each type of small -scale retailing

Content-

The Meaning of Cost of Production

Commerce SS 1 Second Term Week 1
Topic- Revision Of Last Term Work
Content- 

Explanation of retail trade
Classification of retail trade into small and large scale with […]

Reasons for Trade Protection
Trade protection is the deliberate attempt to limit imports or promote exports by putting up barriers to trade. Despite the arguments in favour of free trade and increasing trade […]

What Is International Trade?
International Trade can be defined as the exchange of products and services between countries. International trade enables consumers and countries to have the opportunity to get to […]

Functions of the Central Bank Nigeria
Issuance of Legal Tender Currency Notes and coins: The Central Bank of Nigeria engages in currency issue and distribution within the economy. The Bank assumed these […]

What does Financial Regulation mean?
Financial regulation is a form of supervision of financial institutions which subjects them to always comply with  certain requirements, restrictions and guidelines. This is […]

What are Service Industries?
Service industries are typically comprised of companies that primarily earn their revenue through the provision of intangible products and services to clients. In other words, the […]

Manufacturing and Construction: Definition
Manufacturing can be defined as the process of converting raw materials into finished products in ways that meet a customers’ expectations/specifications. It […]

Development of Petroleum Industry
Oil was discovered in Nigeria in 1956 at Oloibiri in the Niger Delta after half a century of exploration. The discovery was made by Shell-BP, at the time the sole […]

What is Human Capital Development?
Human Capital Development has to do with measuring the economic value of employees’ skill sets. This measure builds on the basic production input of labour measure where all of […]

Economics SS2 Second term
Week 1:  Definition of Money
                   Qualities or Characteristics of Money
                   Functions of Money
MONEY
Definition of Money
Money is anything that is gen […]

 Economics SS1 First Term 
Week 5

Meaning of the Basic Economic Problems in the Society
Basic economic problems refer to the everyday problem