Buying and selling or exchange of goods and services. Types of Trade 1. Domestic/Internal/Home/Local trade Buying and selling of goods within a country’s borders. It’s classified into: Wholesale Trade-purchasing of goods in bulk from producers and selling them to retailers. Read More …
Category: Uncategorized
INDUSTRY
Industry -any form of economic activity through which people produce goods and services for their consumption. Industrialisation -process through which a country establishes manufacturing industries. A country is referred to as industrialised when production of manufactured goods is the main Read More …
ENERGY
The power required to carry out an activity e.g. diesel, electricity, etc. Sources of Energy Classified into 2 types: renewable and non-renewable sources of energy. Renewable Sources of Energy -Which can be regenerated and used over and over again. Types Read More …
FISHING
The act of catching fish and other aquatic animals. Fisheries are fishing grounds or areas where water resources such as fish, seals, clubs, whales, etc. are exploited. Factors Influencing Fishing Physical Factors Presence of Plankton Large shoals of fish are Read More …
LAND RECLAMATION
Land reclamation is the process of converting wasteland into farm land for growing of crops and keeping of animals while land rehabilitation is the process of restoring land to its former productive state. Importance Intensify food production to feed the Read More …
AGRICULTURE
The practice of cultivating crops and rearing of animals Factors Influencing Agriculture Physical Factors Climate Temperature Some domestic animals do well in hot and warm areas e.g. goats and camels while others do well in cool areas e.g. exotic breeds Read More …
