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Between 1960 and 1970, Ethiopia enjoyed an annual 4.4% growth rate in its per capita and overall gross domestic product (GDP). There was an increase in the manufacturing growth rate from 1.9% in 1960–1961 to 4.4% in 1973–74, with the wholesale, retail trade, transportation, and communication sectors increasing from 9.5% to 15.6%. [4]
Chapter 1, "The Lesson", explains that economics is a field filled with fallacies because of the difficulties inherent in the subject and the special pleading of selfish interests. [3] Every group has economic interests antagonistic to other groups.
The Ethiopian General Secondary Education Certificate Examination (EGSECE) is a nationwide exam in Ethiopia that is given to students after final year of secondary school education. [1] Students take EGSECE usually that would eligible to continue eleventh grade or college in preparatory schools. Since 2001, the Ethiopian Secondary Education ...
Ethiopia's real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to the COVID-19 pandemic. [80] Industry, mainly construction, and services accounted for most of the growth. Agriculture was not affected by the COVID-19 pandemic and its contribution to growth slightly improved in 2019/20 compared to the previous year.
1. "national examination" means a nationwide exam which is administered on the basis of the national education and training policy and curricula 2/ "exam adminisiration" includes the process of registration of examinees, preparation. printing, conducting and correction of exam, consolidation of exam results and declaring and cetiying same
Ethiopia has significant natural resources that could make an important contribution to future developments in science and technology. For example, geothermal energy could soon be an important source of electricity nationally, [ 9 ] [ 10 ] complementing the hydropower potential of the country. [ 11 ]
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
Ethiopia Science Technology and Innovation policy ratified in 2012 envisages the creation of a national framework that will define and support how Ethiopia will in future search for, selection, adaptation, and utilization appropriate and effective foreign technologies as well as addressing the establishment of national innovation system.