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Good knowledge of this by an economist can help a company to accomplish economies of scale by improving output and reducing costs. This is possible because the costs are distributed over a huge number of goods. It is also important to note that the size of business matters, the bigger the size the more cost that would be saved. Costs can be a variable or fixed cost. An economist practically evaluates risks, which may be conditions or circumstances that may lead to fluctuating from their initial estimates. Hence demonstrates the thorough and deep thinking process used to final forecast estimates.
State three common eye defects and explain one of them. State two parts of the eyes and their functions. _____ is a light sensitive part of the eye where images are formed Retina Pupil Aqueous humous Tear gland Lens.
Home Economics Jss1 First Term HOME ECONOMICS AND NATIONAL DEVELOPMENT
This is one of the major importance of studying economics as a students. Any student that enjoys analytical thinking could major in economics which will help to understand deeper how to coordinate and interpret data using mathematical formulas and statistics. There are models also in place to learn, which helps to predict the effect of policy decisions, industry tendencies, climate change, investment, just to mention a few. The ability for problem-solving and great communication skills should be a strong suit for such an interested student, they are required to evaluate problems and recommend solutions. Economics is a study of people’s behavior to manage and use resources to meet human needs.
The Finance Division provides financial and accounting services to support the Ministry. The Division provides guidance for all public educational institutions, MoEY agencies and the Regional Offices, and manages the funds provided in the Estimates of Expenditure. Contains appropriate grade level eBooks, digital textbooks, videos, interactive content and other resources used in the NSC.
Economists earn a high paying Job
Learning how to handle money and discovering the reality of budgeting and finance at an early age is a great way to prevent teenagers and young adults from making bad financial decisions. It also protects them from financial plans that undercut them, making them more responsible and conscious citizens. Home economics is often divided into seven categories, as explained below. It helps the Individual to get prepared for the role of a home-maker.
Merriam Webster dictionary defines it has a subject or class that teaches skills which are useful in the home. Home economics has been an important course throughout history because it afforded women the opportunity to learn and pursue careers in vocational training. This was especially at a time when only men were allowed to learn.
Study of Economics helps to frame law
Perhaps you don’t know much about the subject, but this has been an intriguing beginning. Let’s take a look at some of the basic principles of economics for a better understanding. The process by which the hands are softened, fingernails are trimmed, cleaned and sometimes, varnished is called a manicure while Pedicure is the care for the feet and toe nails. Clean hands and feet are important for personal appearance. When the pores are blocked, it results into skin infection.
Its main concern is the welfare of individuals and families. Before the missionaries arrived Nigeria, there were no formal schools. At that time young girls learnt homemaking skills from their mothers, aunts or other older women in the family. Boys also learnt trades, crafts and farming from their fathers, uncles and older men in the family. In these ways the young ones were taught by their parents.
“It calls upon us as innovators to share strategies and best practices to minimize the effects of…limited budget, increase in cost of living, scarcity of goods, just to list a few. Home economists, you have the answer for successful living in the future so please take the lead,” she said. Lastly, specialization results in trade and different markets for goods.
Researcher Teacher Nutritionist Food technologist. It deals with the study of foods and nutrients. It includes food processing, preservation, preparation, meal management, and service; It prepares people for employment in food and nutrition-related jobs. To enable individuals to take up careers in diverse industries such as fashion, Shoemaking, catering, hotel management etc. Especially with how the world is today, this learning aspect proves critical for everyone to understand how diseases can be avoided at home through proper and regular cleanliness.
Households supply the market with production resources . Households provide the needed level of consumer demand, without which the market mechanism would not be functional. Simply put, a household is a unit that is run by one or more persons living together and having a common budget.
However, numbers and figures play a large role in how societies function. Economics is the study of the facts and figures that affect government, households, families, businesses, and the overall state of the world’s resources. For those who have ever wondered, “why is economics important? ” or been unsure of why economics is a smart subject to study, we will fill you in on all you need to know. However, we should bear in mind that families from less privileged backgrounds might not be able to impart good home economics skills to their children. Because of these instances, we should be pushing for schools to include this subject in their curriculum.
The dermis contains hair roots, sweat and oil glands, nerves, and blood vessels. The fat layer attaches the skin to internal organs. If the ear is infected and it is not cared for, the infection may spread to the brain and cause serious damage.
The nerves of smell which run from the nose to the brain are called the olfactory nerves. There are tiny hairs at the entrance of the nose. They act as filters for the air that goes to the lungs. The ability to see distant objects alone is called______ River blindness Night blindness Short sightedness Long sightedness. If you have to wear glasses, do so according to the opticians’ instruction and keep it clean always. Do not borrow another person’s face towel for wiping your eyes.
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