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SS3: ECONOMICS - 1ST TERM

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  1. Basic Tools for Economic Analysis I | Week 1
    4 Topics
  2. Economic Lessons from Asian Tigers II | Week 2
    6 Topics
    |
    1 Quiz
  3. Human Capital Development I | Week 3
    2 Topics
  4. Human Capital Development II | Week 4
    2 Topics
    |
    1 Quiz
  5. Petroleum and the Nigeria Economy I | Week 5
    3 Topics
  6. Petroleum and the Nigeria Economy II | Week 6
    3 Topics
    |
    1 Quiz
  7. Manufacturing and Construction | Week 7
    3 Topics
    |
    1 Quiz
  8. Services Industries | Week 8
    3 Topics
    |
    1 Quiz
  9. Agencies that Regulate the Financial Market | Week 9
    9 Topics
    |
    1 Quiz
  10. International Trade | Week 10
    8 Topics
    |
    1 Quiz



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1. Emphasis was placed on the production of highly standardized goods that will compete with the global world.

2. The culture and religious beliefs, hardwork, innovation with harsh punishment for criminal activities led to the growth.

3. High saving rates have led to high domestic investment rates.

4. Capital accumulation was achieved because they adopted foreign knowledge and technology.

5. They transformed the excess labour into a productive workforce (skilled labour force) through the education reform

6. The tigers were committed to improve on research skills, managerial skills, technical skills

7. They promote private investment and keep inflation low and enhance the development of infrastructure.

Evaluation Questions

1. Explain the economic history of the Asian Tigers and Japan (1960 – 2000)

2. Mention the factors that account for the rapid development growth.

Responses

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