What is Scarcity? Scarcity simply means insufficiency or shortness of supply. In economics, scarcity is the result of people having “Unlimited Wants and Needs,” or always wanting something new, and having “Limited Resources.” Limited Resources mean that there are never enough resources, or materials, to satisfy or fulfill, the wants and needs that every person […]
The Nigerian economy experienced steady growth in the immediate past with the nominal gross domestic products (GDP) at 510 billion dollars in 2018. The economy at this level is large to attract potential investors. Though the largest in Africa, small medium enterprises have not kept pace with the rate of growth of the overall economy […]
by adminYou expect business success when you have viable business ideas. The following are ways to generate viable business ideas: Hobby That very thing you do tirelessly with no monetary reward, chances are there are others who enjoy doing the same thing just like you. You should consider turning that passion into a business. Work Experience […]
by Damola
by Precious