National Budget expenditure is what the government spends money on to make our lives better, from the taxes they collect from households and businesses.
We discuss the different types of societies that exist around the world and in our country. The societies being self- sufficient societies, modern societies and rural societies. We briefly go through the impact of development on the environment, unemployment, and productive use of resources to pr...
This part of EMS falls under financial literacy and it involves some calculations. This lesson will introduce you to the theory of accounting, accounting concepts, what a sole trader is, banking, payments and receipts.
In order to understand the “Accounting language” you need to familiarise yourself with a few more terminologies. In this lesson we look at assets, liabilities, income and expenses and profit vs loss.
