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The Future of Digital Transactions: What’s Next in Online Safety?
Digital transactions, once a concept of science fiction, have today become an integral part of our daily lives. Their origins can be traced back...
Vegamovies – Download Bollywood & Hollywood Movies, 300mb Movies, 480p Movies, 720p Movies, 1080p...
Vegamovies is a popular streaming platform that offers a variety of entertainment content, including movies, TV shows, and more. What sets Vegamovies apart is...
Unemployment: Definition, Types, Causes, Effects & Concepts
Unemployment is a state of joblessness. An unemployed person is one who is available for work, is looking for work, but cannot find it. Unemployment means lack of employment. It is a mismatch in the labor market, where the supply of labor (by workers) is greater than the demand for labor (by companies).
Problems and Solutions of Industrialization
Effects and Positive Solutions of Industrialization
Meaning of Industrialisation
‘lndustrialization’ is a deliberate policy by governments to create many industries in a country. The process of...
Industrialization: Definition, Types, Stages & Features
‘lndustrialization’ is a deliberate policy by governments to create many industries in a country. The process of industrialization involves the production, increasing use of machinery and power tools, as well as the use of improved technology in production, all of which lead to a higher level of output of industrial goods.
Distributive Trade: Definition, Problems & Solutions
Distribution Trade refers to that aspect of commercnal activities which is responsible for the commerct channelling of commodttles from the producers to the ultimate consumers.
Labour Mobility: Definition, Merits & Economic Factors
What is Labour Mobility?
Labour mobility or mobility of labour means the ease with which labour can move both geographically and occupationally.
That is, labor mobility...
Problems of Financial Institutions in Nigeria
Financial Institutions are business organizations which deal in money, though some may deal in other financial assets such as shaves, letters of credit, bills of exchange etc. With the exception of the Central Bank, they make profits by trading in money; that is, through the process of accepting deposits in several ways e.g. offering technical advice etc.
Inflation: Definition, Types, Causes, Effects & Control of Inflation
Inflation refers to a persistent and sustained rise in the general price level. A general phenomenon during a period of inflation is a continuous fall of the value of money in the economy.
Commercial Bank: Definition, Features, Functions & Problems
A commercial bank is a joint-stock financial institution which trades in money with the sole aim of raising profits for its shareholders.
Balance of Payments: Definition, Example, Problems & Solutions
Balance of payments is a systematic record or summary statement of accounts of all the major economic or trading transactions between a reporting country and the rest of the world, during a specific period, usually one year. Balance of payment is a summary of receipts (income) and payments (expenditure) of a country in the international accounts.
West African Clearing House (WACH) – Aims & Objectives
West African Clearing House (WACH) is form on July 1, 1976 was largely due to the efforts of the Governors of the Central Banks in West Africa to find a solution to one of the obstacles to trade among West African countries.
E-Government – Definition, Problems & Benefits of Electronic Government
E-government is the use of the internet and the world wide web for delivering government information. The focus of e-government should be on the use of information and communication technologies for better government.
NEPAD – Meaning, History, Features, Aims & Objectives
The New Economic Partnership for African Development (abbreviated as NEPAD) is an economic development programme of the African Union (AU). It was established on October 15, 2001 at a summit of the African Union in Lusaka, Zambia.
Globalization: Definition, Features, Merits & Demerits
Globalization is a phenomenon based on the continuous increase in the interconnection between the different nations of the world on the economic, political, social and technological levels.
The use of this term has been used since the 80s. That is, since technological advances have facilitated and accelerated international commercial and financial transactions. And for this reason, the phenomenon has as many defenders - such as the International Monetary Fund (IMF) or the World Bank - as detractors.
Difference Between Privatization and Commercialization
Privatization is a policy of the government created to afford individuals, corporate bodies, the opportunity to take over ownership and control of government enterprises, companies, etc. while Commercialization is a state policy of making its companies, enterprises, parastatals, etc, more efficient and even more profit oriented. It will also make these organisations come up with efficient management of resources.
Battle of Caseros | History, Causes & Effects
Battle of Caseros: Armed confrontation occurred on February 3, 1852 between the Rosario troops of Buenos Aires and the Big Army led by Urquiza.
Battle of the Vuelta de Obligado | Naval War History
The battle of the Vuelta de Obligado was a warlike confrontation between the forces of the Argentine Confederation and an Anglo-French squad that tried to navigate the Argentine inland rivers.
It took place on November 20, 1845 on the waters of the Paraná River, near the Buenos Aires town of San Pedro and within the framework of the Anglo-French blockade of the Río de la Plata (1845-1850).
The Prime Minister and Cabinet in a Parliamentary Government
In a parliamentary system, a clear distinction is made between the head of state and the head of government (Prime Minister), a executive and the executive. Here, the head of the state, King or Queen in Britain or President in India, possesses nominal or titular authority whereas the real authority rests with the government of which the Prime Minister is the head.
The Executive | Definition | Functions | Types of Executive
The executive is the branch of government which carries out the will of the state. It enforces the laws made by the legislature and carries out court decisions and also takes action on matters which are not covered by the law.