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SS1: ECONOMICS - 3RD TERM

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  1. Mining | Week 1
    3 Topics
    |
    1 Quiz
  2. Financial Institution I | Week 2
    6 Topics
  3. Financial Institutions II | Week 3
    5 Topics
  4. Financial Institutions III | Week 4
    5 Topics
    |
    3 Quizzes
  5. Business Organisation | Week 5
    3 Topics
  6. Money | Week 6
    5 Topics
    |
    1 Quiz
  7. Channels of Distribution I | Week 7
    4 Topics
  8. Channels of Distribution II | Week 8
    6 Topics
    |
    1 Quiz
  9. Business Finance | Week 9
    7 Topics
    |
    1 Quiz



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The capital market is the market for medium and long-term loans. The capital market serves the needs of the industry and commercial sectors. It also serves as a medium through which government and local authorities borrow funds.

Institutions involved in the Capital Market

The capital market is composed of the following institutions:

  • Issuing houses
  • Insurance companies
  • Building societies
  • Investment and unit trusts
  • Pension’s funds
  • Development bank
  • Stock exchange

Instruments used in the Capital Market

The instruments used in the Capital Market include:

  • Stocks
  • Shares
  • Debentures
  • Bonds

Evaluation Questions

1. Explain the functions of building society

2. Write a short note on the following

i. Merchant bank

ii. Insurance company

iii. Commercial bank

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