The following are the loans granted by a commercial bank to different categories of individuals. Use the information to answer the questions that follow: Bankers $8,000, Farmers $8,000, Miners $7,000, Retailers $5,000, Tailors $4,000 Teachers $6,000, Drivers $4,000, Fishermen $3 000.
(a) Arrange the information in the form of a table grouping the individuals into: (i) Primary sector; (ii) Secondary sector; (iii) Tertiary sector.
(b) Express the loan to each sector of a ratio of the total loan granted
(c) Present the total loans granted to the sectors in a simple bar chart, (Use of graph sheet is essential)
(a) What is centrally planned economy?
(b) Outline any four features of a capitalist economy.
(a) Define mobility of labour.
(b) Describe any four factors influencing the supply of labour.
(a) What is international trade?
(b) Explain any four advantages of international trade.
(a) Outline any five reasons why small scale firms are common in West Africa.