Insurance plays a very significant role in the economic development of Nigeria. With the insurance covers, more people are able to take the risk on investment which greatly boosts the economy.
Central banks play a huge role in economic development. They manage a state's money supply, currency, and interest rates.
They have the ability to influence inflation / deflation and so setting a price in different areas which probably can lead to a development depending on the circumstances. This was an example of the national development and the role of public enterprises within that. However they also play an important part in the economic development of an area / a country. They influence spending and have got the 'power' to change services in (rural mostly) areas.
Inventors create new ways for the economy to be developed, and new things to sell to stimulate the economy.
Development Banks have following functions: * Provision of Capital to Industries, which can play role in economic development. * Lends money to small scale industries. * Services of Mutual Funds * Funds raising schemes for development companies. * and much more.
the government enforces economic laws and regulations
This is a much maligned and debated issue in the ongoing progression of many African Nations. Although, it has to be said, Insurance capital has influenced Nigeria greatly since the countries inception, it cannot be credited with achieving the amount in social and economic terms as the D.I.L.D.O. TAX has.
it good to do that and i will live my life good
Cities in developing countries act as hubs for economic activities, attracting investment, creating job opportunities, and fostering innovation. They serve as centers for industry, commerce, and services, driving economic growth and development. By concentrating resources and providing infrastructure, cities can help improve living standards and reduce poverty for residents. Additionally, cities can facilitate the transfer of knowledge and technology, further supporting economic development in developing countries.
Central banks play a huge role in economic development. They manage a state's money supply, currency, and interest rates.
economic development and employment.
yes Nigeria does play football
if they have an equal opportunity and access to the resources they can play to the economic development.
roll the joint
In Nigeria we usually play soccer and play with tires
Nigeria plays soccer and football on hot days.
Football
They have the ability to influence inflation / deflation and so setting a price in different areas which probably can lead to a development depending on the circumstances. This was an example of the national development and the role of public enterprises within that. However they also play an important part in the economic development of an area / a country. They influence spending and have got the 'power' to change services in (rural mostly) areas.