DEFINITION OF BUDGET AND USES OF BUDGET
A budget may be defined as a financial statement of the total estimated revenue and the proposed expenditure of a government in a given period of time, usually a year.
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BALANCED AND UNBALANCED BUDGET
PERFORMANCE OBJECTIVES
Explain the concepts of budget surplus balanced budget and the component of national debt.
Explain the concept of and criteria for revenue allocation (including resource control) in Nigeria and associated problems
IMPORTANCE OR USES OF BUDGET
The budget of a country is used to achieve the following objectives:
- Allocation of resources: Budget is usually use to allocate resources from one sector of the economy to another
- To communicate government economic objectives and policies: Government usually uses budget as medium to communicate her economic objectives and policies to its people.
- Appraisal of government performance: Budget is used by the citizens and international community to appraise the performance of the government.
- To foster economic growth and development: Budget is used generally to foster economic growth and development of a country.
- Budget is used to curb inflation and deflation: Budget is generally used by government to control inflation and deflation in the economy.
- economic tools for nation building
- budgeting
- factors affecting the expansion of industries
- mineral resources and the mining industries
- demand and supply
- types of demand curve and used
- advertising industry
- factors of production
- entrepreneur
- joint stock company
- public enterprises
- private enterprises
- limited liability companies
- migration
- population
- market concept
- money market
- shares
- how companies raises funds for expansion
WEED AND THEIR BOTANICAL NAMES
1. ENVIRONMENTAL FACTORS AFFECTING AGRICULTURAL Ph
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- BALANCED DIETS
141. LACTATION DIETS
142. MALNUTRITION - RINDER PESTS
148. NEWCASTLE DISEASE
149. BACTERIA DISEASES
150. ANTHRAX
151. BRUCELLOSIS
152. TUBERCULOSIS
153. FUNGAL DISEASES - PROTOZOAN DISEASES
155. TRYPONOSOMIASIS
159. TAPE WORM
160. ROUND WORM OF PIGS
161. LIVER FLUKE
162. ECTO PARASITES
163. TICK