Commerce | SSCE | Study Guides
Factors that should be Considered When Starting a Retail Business
Starting a retail business requires careful planning and consideration of various factors to ensure its success.
Commerce | SSCE | Study Guides
Occupations: Meaning and Classification
In this post, we shall look into the meaning and classification of occupations. At the end of this lesson, students are expected to be able: Meaning of Occupations Occupations refer to the various activities in which individuals engage to earn a livelihood. These activities play a significant role in shaping economies, societies, and individuals’ lives….
Commerce | SSCE | Study Guides
The Entrepreneur as a Factor of Production
In this post, we shall look briefly into who an entrepreneur is, their functions and importance. At the end of this lesson, students should be able to: Who is an Entrepreneur? An entrepreneur is a crucial factor of production in the economic system, and they play a central role in the process of wealth creation….
Commerce | SSCE | Study Guides
Divisions of Commerce
There are six divisions of commerce that help facilitate economic activities. They are trade, transport and communication, banking,
Commerce | SSCE | Study Guides
Capital as a Factor of Production: Types and Importance
Capital is the wealth that is reserved or set aside for the purpose of generating more wealth through productive activities.
Commerce | SSCE | Study Guides
Labour, Division of Labour, and Specialisation
Labour is the combined physical and mental efforts of individuals directed towards production. It is a vital factor of production
Commerce | SSCE | Study Guides
Commerce: Its Meaning, Functions, and Factors Responsible for its Growth and Hindrance in West Africa
Commerce is the study of the various processes involved in the production, distribution, and exchange of goods and services with the primary objectives to satisfy human wants and needs
Deforestation: Meaning, Effects and Control Measures
Deforestation is the process of cutting down trees or forest for the purpose of farming, lumbering mining, industrial, grazing and residential without immediate replanting of trees to replace the cut ones.
“Day Names” of Ashanti Children
Ashanti children all have ‘day names’ which they bear when they are little. As they grow older, they sometimes change these names for their Christian names.
Commerce | SSCE | Study Guides
Sole Proprietorship
A sole proprietorship is a business organisation established, owned, financed and controlled by one person with the aim of making profits.