THE VALUE OF Money AND PURCHASING POWER

            THE VALUE OF MONEY Definition: The value of money is defined as the quantity of goods and services which a given amount of money can buy. In other words, the value of money refers to the purchasing power of money. When a certain amount of money can buy fewer goods and services, this will… Continue reading THE VALUE OF Money AND PURCHASING POWER

AGRICULTURAL FINANCE AND CREDIT

MEANING OF AGRICULTURAL FINANCE AND CREDIT Agricultural finance is defined as the act of acquisition and use of capital in agriculture. In other words, it deals with the supply of and demand for funds in the agricultural sector of the economy. IMPORTANCE OF AGRICULTURAL FINANCE (i) It enables farmers to meet seasonal and annual fluctuations… Continue reading AGRICULTURAL FINANCE AND CREDIT

ANIMAL BY-PRODUCTS OF SKIN AND HIDES, FUR AND BONES AND USES

ANIMAL BY-PRODUCTS By –products derived from farm animals include hides and skin, fur, wool, feathers, horns, milk, egg, meat, tail of animal, bone, blood and manure (dung) HIDES AND SKIN Hides and skin: hides and skin are derived from the skin of cattle, sheep, goat, pig and rabbit ECONOMIC IMPORTANCE OF HIDES AND SKIN i.… Continue reading ANIMAL BY-PRODUCTS OF SKIN AND HIDES, FUR AND BONES AND USES

IMPORTANCE OF CROP IMPROVEMENT PROCESS

CROP IMPROVEMENT MEANING OF CROP IMPROVEMENT Crop improvement is defined as the science that deals with the development of crop varieties with superior quality quantity. In other words, crop improvement refers to the ways of developing and breeding of crop varieties are better than the existing varieties member of characters. As a result of the… Continue reading IMPORTANCE OF CROP IMPROVEMENT PROCESS

MEANING AND REASONS FOR BALANCED BUDGET

MEANING AND REASONS FOR BALANCED BUDGET A balance budget of a government is a budget with revenue equal to expenditure. In other words, balance budget occurs when the total estimated revenue of a government equal to the proposed expenditure.  Most economists have also agreed that interest rates, increase savings and investment, shrink trade deficits and… Continue reading MEANING AND REASONS FOR BALANCED BUDGET

types of tax, direct and indirect taxes

           TYPES OF TAX IN NIGERIA There are two major types of tax. These are direct tax and indirect tax. In this very post I am going give deep description of the meaning of direct and indirect tax payment and collection process in Nigeria If you have questions bordering on the issues of tax collection… Continue reading types of tax, direct and indirect taxes