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What is the role of government in a mixed economy like nigeria?
mixed economy
Does Nigeria have a market economy?
is nigeria a market economy, or a custom based economy, or directed.
What type of economy does nigeria operate and why?
characteristics of mixed economy
What type of economic systems do South Africa and Nigeria have?
South Africa - Traditional economy Nigeria - Mixed economy
What is the nature of Nigerias economy?
The nature of the economy in Nigeria is mixed and also defined as an emerging market. Nigeria's economy is experiencing increasing growth with a 7 percent increase in 2013.
What type of economy is emerging in Nigeria under the reform of the NEEDS program?
Mixed Market
What type of economy is emerging in Nigeria under the reforms of the NEEDS program?
Mixed Market
What strategies is Nigeria adopting to transit from a mixed economy to capitalist economy?
It is the process we use to consume goods. actually in the Nigerian economy, capitalism is being practiced in paper while in the real context, Nigeria practives mixed economy because the key sectors of the economy like Oil, power, etc are being owned and handled by the government. For now nigeria has adopted many measures to transit from a mixed economic system to a capitalist economy such as the privatisation and comercialization of the Electric sector, Deregulation of the oil sector, etc. CONTRIBUTION BY AFOMACHUKWU OKAFOR ECONOMICS DEPT. ESUT
What are the disadvantages of commercialisation and privatization to a Nigerian economy?
The advantage of commercialize in Nigeria is that it has allowed private businesses to rise. The disadvantage of commercialism in Nigeria is that the prices of goods and services has risen.
What type of economic system does Niger have?
What is nigeria's economic system? What is nigeria's economic system?
How do I describe a mixed economy?
A mixed economy is a system that combines characteristics of market, command, and traditional economies. It benefits from the advantages of all three while also experiencing some of the disadvantages.
Why Do Nigeria Practice under Mixed Economy?
http://wiki.answers.com/Q/Why_is_Nigeria_economy_called_a_mixed_economy"
