Tag: Enterpreneurship

  • Capitalism

    , , ,

    Capitalism, according to Investopedia, is a system of economics based on the private ownership of capital and production inputs, and on the production of goods and services for profit. This Adam Smith’s doctrine, Aynrand adds, is a social system based on the recognition of individual rights, including property rights. Nigeria was incorporated into the free…

    read more

  • Entrepreneurship

    ,

    Entrepreneurship is defined in an economics library portal as the process of discovering new ways of combining resources. The entrepreneur’s success may therefore be determined by the market value of these combinations. In one of the early uses of this term, a discrepancy is being made from investor by qualifying the entrepreneur as one who…

    read more

  • Commerce

    Commerce is defined in the Cambridge dictionary as the activities involved in buying and selling things. These activities, according to the BusinessDictionary.com, apart from occurring on a large scale, usually involves transportation from place to place, and the “things” transacted may also include services.   Commerce after Slave Trade Money-making activities in the areas now…

    read more