Download Tag: STUDYING ECONOMICS

CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY The entire development of a business enterprise in a particular country required difference institutional frame work. One of such institutional frame work is the co-operative business enterprise.  The word co-operative can have different interpretation.   In a lay man’s language, it means working together or working mutually.  Another interpretation which is where our emphasis lies, means a unique type of business organization.  The co-operative has been ...

CHAPTER ONE INTRODUCTION 1.1      Background of the study Economics is a social science that studies how individuals, governments, firms and nations make choices on allocating scarce resources to satisfy their unlimited wants. Economics is concerned with human behavior such as how people earn their living and make a choice between alternatives to satisfy their wants. It focuses on the study of firms and the government whose activities are geared to the ...