SS3: ECONOMICS - 1ST TERM
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Economic Lessons from Asian Tigers I4 Topics
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Economic Lessons from Asian Tigers II6 Topics|1 Quiz
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Human Capital Development I3 Topics
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Human Capital Development II2 Topics|1 Quiz
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Petroleum and the Nigeria Economy I3 Topics
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Petroleum and the Nigeria Economy II3 Topics|1 Quiz
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Manufacturing and Construction3 Topics|1 Quiz
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Services Industries3 Topics|1 Quiz
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Agencies that Regulate the Financial Market9 Topics|1 Quiz
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Regulatory Agencies
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Functions of the Central Bank
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Nigeria Deposit Insurance Corporation (NDIC)
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Securities and Exchange Commission (SEC)
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Nigerian Stock Exchange (NSE)
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National Insurance Corporation of Nigeria (NICON)
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National Insurance Commission (NAICOM)
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Federal Mortgage Bank (FMBN)
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The Foreign Exchange Market
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Regulatory Agencies
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International Trade8 Topics|1 Quiz
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International Trade
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Differences & Similarities between International Trade and Internal Trade
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Law of Absolute Cost Advantage
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Law of Comparative Cost Advantage
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Advantages & Limitations of Law of Comparative Cost Advantage
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International Trade (Advantages, Disadvantages, Problems & Barriers)
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Infant Industries
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Reasons Why Protectionist Laws & Tariffs are Imposed on International Trade
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International Trade
Service Industry
Topic Content:
- Service Industry
The service sector is the lifeline for the social-economic growth of a country. The service industry is made up of companies that primarily earn revenue through providing intangible products and services i.e. (the service industry is an industry that provides a service for people but does not result in the production of goods).
Service industry companies are involved in retail, transport, distribution, food services as well as other services-dominated businesses .
The service industry is one where no goods are produced and is a part of the economy that creates services rather than tangible
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