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SS3: ECONOMICS - 1ST TERM

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  1. Economic Lessons from Asian Tigers 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



Lesson 7, Topic 3
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Roles of Manufacturing and Construction in Economic Development

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1. They contribute to the national socio-economic development goals by providing shelter, infrastructure, and employment opportunities at different levels 

2. Improvement in health 

3. Structural shift towards higher growth in more value-added ways.

4. Building social capital and wealth supporting communities.

5. Provision of necessary foundation for an economically and environmentally sustainable society

6. Drive towards technological innovation by creating modern systems

7. Added value to economic growth and development

8. Integration into global value chains with new opportunities provided by resources-based industries

9. Diverse expertise now work together in order to increase investment and profit

Evaluation Questions

1. Discuss the problems of manufacturing sector 

2. Explain the growth of Nigerian manufacturing sector

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