ECONOMICS FOR SSS 1 SECOND TERM TOPICS Scheme Of Work FIRMS AND INDUSTRY POPULATION LABOUR MARKET THE NATURE OF THE NIGERIAN ECONOMY AGRICULTURE TOPIC: FIRMS AND INDUSTRIES Definitions of Firm…

TOPIC:               THEORY OF PRODUCTION MEANING OF PRODUCTION Production can be defined as the transformation of raw materials into finished goods and the distribution and provision of goods and services in…

An economic system may be defined as a medium or an organized way by which the means of production in a state are utilized in order to satisfy human wants.…