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Showing posts with the label ECONOMIC DEVELOPMENT

8 ROLE, 9 ADVANTAGES, 6 DISADVANTAGES AND 9 CHALLENGES FACED BY SMALL AND MEDIUM ENTERPRISES

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ROLE OF SMALL AND MEDIUM ENTERPRISES IN DEVELOPMENT  1. Provision of social services, for instance, health units, schools, e.t.c 2. Development of infrastructure, for instance the transport network. 3. Providing government revenue through payment of taxes. 4. Provision of goods and services/products to meet society needs. 5. Providing a centre for training and developing local man power. 6. Provision of market for the society’s products. 7. Provision/creation of employment opportunities to society. 8. Participation in community development programs, for instance providing assistance to charities, welfare facilities, e.t.c. 9. Improvement of food security through processing agricultural products. 10. Providing information for research and study purposes to students and researchers. 11. Recycling waste that would have harmful effects hence cleaning the environment. 12. Improving the environment through planting trees. 13. Utilizing idle resources such as land, labour, e.t.c. 14. Spon...

Contribution of Beef farming to the economic development of Kenya

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  It is a Source of beef for local consumption. Beef farming earns the country foreign exchange from exporting beef product and livestock. It a source of employment e.g in beef farms and processing plants. Farmers earn income from the sale of livestock thus raising their living standards. Beef farming has led to growth of industries e.g meat canning and freezing industries. Some by-products like hides are raw materials in the leather industry. Shoe manufacturing companies such as Bata shoe-company at Limuru uses these hides. RELATED POSTS IMPORTANCE OF SOIL STRUCTURE     7 CHARACTERISTICS OF EQUATORIAL CLIMATE    7 ADVANTAGES OF WETLANDS     7 FACTORS INFLUENCING MASS WASTING    5 CONDITIONS FOR EXISTENCE OF CORAL REEFS    3 TYPES OF WEATHERING AND THEIR PROCESSES    6 LANDFORMS OF HIGHLANDS GLACIATION CAUSES AND EFFECTS OF OCEAN BREEZE AND SEA BREEZE PLATE TECTONICS THEORY EXPLAINED 9 CHARACTERISTICS OF COMMERCI...

10 FACTORS FOR THE GROWTH OF NEW YORK CITY IN THE USA

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  NEW YORK CITY It is the largest city in the world found in the USA, North America, it is serving as a port , a town, and an industrial area. It is situated on Manhattan island and other surrounding islands like Staten, Brooklyn, Long, Richmond, Bronx, Queen’s on the coast of the Atlantic ocean. Eastern side of USA near the Hudson River. It has a high population , many economic activities, improved infrastructure, social services, and it is gazetted as a city e.g. Boston, Providence, Philadelphia, Baltimore, Washington DC, Jacksonville, Orlando neighboring countries. Factors for the growth and development of NYC Strategic location near the Atlantic Ocean making it good for navigation as a port. Presence of hard basement rocks composed of granite quartz leading to easy construction of storage buildings and transport routes. Flat and gentle slopes helping in construction, transport, and drainage. Low tidal range because of weak waves reducing accidents and making it good for navi...

14 FACTORS THAT INFLUENCE THE GROWTH OF URBAN CENTRES IN UGANDA

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 HERE ARE 14 FACTORS THAT INFLUENCE THE GROWTH OF URBAN CENTRES IN UGANDA The effect of economic factors such as mining and industrial growth, foristance Kilembe in Kasese grew up as a result of copper mining, Katwe town as a result of salt mining, Tororo and Hima as a result of limestone mining. Historical factors such as head quarters of cultural leaders like Mengo of Buganda kingdom in Kampala and also British Colonial masters chose Kampala as an administrative center thus its growth. Defensive reasons, foristance Gulu town which is experiencing a high rate of urban growth because many people move town for security reasons. On the other hand Kampala city was set up on hill tops in order to defend it against any external threats. Availability of fertile soils which favour the development of farming that attracts a large population to settle into the area. Towns such as Masaka, Kabale, and Mbale grew up from trading centers of agricultural products to towns. Availability of w...

10 ADVANTAGES OF MANUFACTURING INDUSTRIES TO THE WORLD ECONOMY

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  Manufacturing Industry is the branch industry and trade based on the fabrication, processing, or preparation of products from raw materials and commodities. This includes all foods, chemicals, textiles, machines, and equipment. The following are advantages of manufacturing industries in the world economy: It provides employment to the fast-growing population in the world especially the tropical countries  Industries lead to diversification of the economy of the country and reduce reliance on one type of product. It contributes to the earning of foreign currency to the country. for example, Japan earns a lot of foreign currency because of exporting manufactured products It leads to self-sufficiency. this means that the country reduces  its reliance on imported goods and this can lead to stabilization of its economy It stimulates the development of transport and communication  like the construction of roads, railways, and ports It leads to the development of othe...