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HISTORY AND STRUCTURE OF THE NIGERIA ECONOMY I Cheat Sheet (DRAFT) by

This is a draft cheat sheet. It is a work in progress and is not finished yet.

STUDY SESSION 1

What import substi­tuting indust­ria­liz­ation strategy
Advantage of divers­ifi­cation
Reasons for the poor perfor­mance of import substi­tuting industries in Nigeria
Import substi­tuting indust­ria­liz­ation (ISI) is the setting up of industries that could produce light consumer goods which were hitherto imported locally.
The major advantage of divers­ifi­cations is to create linkage in the economy for an enhanced, balanced develo­pment and growth
1. Low technology
 

Biodata

what is your name?
john
why are you here?
nothing
when will you leave?
2pm
we shall get back to you. Thank you