Posted inEconomics

Problems of Agriculture and Possible Solutions

Agriculture may be defined as the production of animals, fishes, crops and forest resources for the consumption and other benefits of man. Agriculture is the dominant occupatnon, employing about 50-60 per cent of the total population of West Africa. Although subsistence agriculture is practised in this part of the world, it will not be an over-statement to say that it is the live-wire of the economies of West African countries.
Posted inEconomics

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).
Posted inEconomics

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 involves the production,…