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Role of central bank in economic development?
Central banks play a huge role in economic development. They manage a state's money supply, currency, and interest rates.
What are the economic importance of game reserves in Nigeria?
Game reserves in Nigeria play a crucial role in boosting the economy through eco-tourism, which attracts both local and international visitors, generating revenue for local communities and the government. They also contribute to conservation efforts, preserving biodiversity and natural habitats, which can enhance agricultural productivity in surrounding areas. Additionally, game reserves create employment opportunities in tourism, hospitality, and conservation management, fostering sustainable development. Overall, they serve as vital assets for both economic growth and environmental preservation.
What role do capital goods play in the economy and how do they contribute to economic growth and development?
Capital goods are essential tools and equipment used in the production of goods and services. They play a crucial role in the economy by increasing efficiency and productivity, which leads to economic growth and development. By investing in capital goods, businesses can produce more output with the same amount of resources, leading to higher profits and overall economic prosperity.
What is the role of public enterprises in national and economic development?
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.
What role do partnership play in the economic development of a country?
Partnerships play a crucial role in a country's economic development by fostering collaboration between various stakeholders, including government, private sector, and civil society. These collaborations can lead to resource sharing, innovation, and the implementation of effective policies that drive growth. By pooling expertise and capital, partnerships can also enhance infrastructure, improve service delivery, and promote sustainable practices. Ultimately, they create a more conducive environment for investment and economic stability.
What role does insurance play in the social and economic development of Nigeria as a nation?
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.
What role does the national library in educational development in nigeria play?
it good to do that and i will live my life good
Does Nigeria play football?
yes Nigeria does play football
Role of central bank in economic development?
Central banks play a huge role in economic development. They manage a state's money supply, currency, and interest rates.
What role do cottage industries play in India's economy?
economic development and employment.
What is the history of sports and games in Nigeria?
In Nigeria we usually play soccer and play with tires
What games do Nigeria people play?
roll the joint
What is the importance of statistics in Nigeria?
Statistics is crucial in Nigeria for various reasons. It helps in monitoring and evaluating the country's economic growth, informing policy decisions, and assessing the effectiveness of government programs. Additionally, statistics play a vital role in identifying trends, patterns, and disparities within the population, which is essential for targeted interventions and resource allocation. Overall, accurate and reliable statistical data is fundamental for evidence-based decision-making and sustainable development in Nigeria.
how essential is the participation of women in entrepreneurship?
if they have an equal opportunity and access to the resources they can play to the economic development.
What kind of sports do Nigeria play?
Nigeria plays soccer and football on hot days.
What sport does Nigeria play the most?
Football
What role do cities play in economic development of developing countries-explain?
Cities play entirely in economic development of developing countries. They leave the countryside to live in the cities. Therefore, the cities become the centers for development in the third world, which is what is killing the cities and the environment.
