Commerce SSS1 First Term

WEEK 2

History of Commerce in Nigeria

Performance Objectives

Student should be able to:

1. Write about the historical background of Commerce in Nigeria.
2. List factors affecting growth of commerce
3. Describe the barter System

Content

The history of commerce in West Africa can be traced to the origin of man. There was a time when man pre-occupied himself with providing all the basic needs of life alone. He used the available resources in his environment and lived a subsistence life.

However, as the size of the family grew, their appetite and other needs of life became increasingly high.

It became difficult to continue to live at the subsistence level without the necessary assistance from others. So, man began to interact with other people, so as to benefit from them, through one form of exchange or.... View More