COMMERCE ESSAY 1i. large population- there is high number of people in west africa, leading to high labou force ii. Farming-due to agriculture being the mainstay in west africa, it brings about availability of raw material iii. Hig financial institutions-there are many banks that render financia assistance to the populace iv.Democracy- the non- military government inmost nations give freedom to most commercial activities v. Efficient transportation- due to free movement, commerce has had great enhancement in west africa. [8]i. it leads to distribution of commodities to final consumers ii. It rgulates price level of commodities iii. it brings about even distribution of commodities to all parts of the country iv. it controls inflation and deflation in the economy v. It serves as means of source of living i.e. Occupation 9. privatization is the transfer ofownership and control of state- owned business enterprises from the the state to individual (private sector) . i. Efficiency- By removing red – tapismand reduc
Posted on: Thu, 05 Sep 2013 09:27:45 +0000
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