The importance of population census in a country I. To determine the size of the population II. It enables a…
Population census is a periodic head-count of the people of a country by the government.
i. Opportunity cost is the alternative forgone in order to satisfy a particular want. For example if a consumer has…
The ways by which a trade union can resolved conflicts with the management includes: I. Collective bargaining: This involves joint…
A trade union is an association of workers that fight for higher wages and improved working conditions for members using…
The factors determining the supply of a commodity are: i. Cost of production: - A change in the cost of…
The supply of a commodity is the quantity of the commodity that sellers actually offer for sale at a given…
The problems associated with trade by barter include the following: i. The problem of double coincidence of wants: it is…
Trade by barter is the direct system of exchanging goods for goods or services for services.
(i) Plantation Agriculture: Plantation agriculture has the following characteristics: (a) It involves cultivation of large acreage of land, hence the…