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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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Factors responsible for the rapid development of Japan

1. Japan assigned the bureaucracy tasks of planning, constructing and supervising industry.

2. Japan established the political system to support the bureaucracy. When the government needed to intervene in the market, it allowed plenty of scope for activities of private enterprises.

3. Political direction by the Ministry of International Trade and Industry (MITI). In Taiwan, Robert Wade (1990) said the government only “governs the market” rather than “laissez-faire”.

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