demand-pull inflation, Goods generally are in short supply under demand-pull inflation, Buyers will prefer buying at higher prices rather than going home without any goods. The interaction of the forces of demand and supply will work against price control system.
- Price control system is prone to a lot of malpractices.
- The existence of black market will contribute a lot in making price control not suitable in checking demand-pull inflation.
- economic tools for nation building
- budgeting
- factors affecting the expansion of industries
- mineral resources and the mining industries
- demand and supply
REASONS PRICE CONTROL SYSTEM MAY NOT BE SUITABLE FOR CONTROLLING DEMAND- PULL INFLATION
- Goods generally are in short supply
- Buyers will prefer buying at higher prices rather than going home without any goods
- The interaction of the forces of demand and supply will work against price control system.
- Price control system is prone to a lot of malpractices.
- The existence of black market will contribute a lot in making price control not suitable in checking demand-pull inflation.
Partnership is usually formed by an association of two to twenty persons, who by lent (usually legal) decide to pool their resources (capital) or skill or both together and establish a business enterprise. The people involved in partnership agreement are called partners and they share the profit, losses and of the business. When partners are red in banking enterprise, the number required by law is between two and ten. Some Dies of partnership in Nigeria are Gani Fawehinmi and Co. (law chamber), Diya Fatimilehin and Co. (estate firm).
