Search Results for Economy

Gross Value Added (GVA) Definition & Analysis

Gross Value Added, known by its acronym GVA, is a macroeconomic magnitude that measures the total value created by a sector, country or region. That is, the value of the set of goods and services that are produced in a country during a period of time, discounting indirect taxes and intermediate consumption.

Which Country Is Best to Start a Business?

The term business comes from the Latin negotium, a word formed by nec and otium (“what is not leisure”). It is about the occupation, the work or the task that is carried out for profit.

Among the most notorious debates within the economic world, it is worth highlighting the debate that faces those economists who are more in favor of a market economy, and other economists, who demonstrate less confidence in “the invisible hand” of Adam Smith and, therefore, they propose a planned economy model. A very widespread debate across the planet, which, to date, has not found a valid conclusion.

William Stanley Jevons | Biography, History, Theory & Political Economics

William Stanley Jevons was an English economist and logician, known for pioneering the Marginalist Revolution and for his use of the differential calculus in economics.

William Stanley Jevons (1835-1882) was born in Liverpool to a wealthy merchant family. He entered  University College London , but due to the bankruptcy of the family businesses, he had to withdraw from studies and travel to Sydney, Australia to work for several years at the Mint.

Achievements of Military Rule In Nigeria

The military could be credited with some achievements during the period of military rule. The intervention of the military in Nigerian politics saved the country from total disintegration on several occasions. A case in point the failure of the civilian government to resolve the Western Region crises in 1965. The military coup of 15th January, 1966 might have saved Nigeria from the apparent incompetence of the political class.

All Nigeria Peoples Party (ANPP)

The ANPP began as All Peoples Party (APP) in 1998 but, it has since May 2002 changed its name to All Nigeria People’s Party (ANPP).

Its pioneer National Chairman was Alhaji Mahmud Waziri. Those who have served in the position after him include Alhaji Aliyu Akwei Doma, Chief Alani Bankole, Alhaji Yussuf Ali, Governor Attahiru Bafarawa (interim Chairman), Chief Don Etiebet, Governor Bunu Sheriff Musa (interim Chairman), Chief Edwin Ume-Ezeoke, and Dr. Ogbonaya Onu.