The Role of Market Associations in the Development of Oja’oba Market in Ibadan

IF 1.9 Q3 COMPUTER SCIENCE, ARTIFICIAL INTELLIGENCE Intelligenza Artificiale Pub Date : 2021-03-23 DOI:10.32370/IA_2021_03_15A
O. Oyewale
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Abstract

Market Associations is an integral phenomenon on economic activities in Yorubaland. This study is an historical examination of the contribution of Market Associations to the growth and development of Oja’Oba market in Ibadan. It examines various associations in Oja’Oba market in Ibadan and their formations. The study revealed that the success of economic transactions in a market economy is determined by medium of exchange and availability of market associations which provide social interactions to individual involved in market transactions. The study derived its data from primary and secondary sources. The study concluded that market associations contributed greatly to the evolution of Oja’Oba market in Ibadan by providing links between traders, financial assistance to members and arbiters in conflict resolution.
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市场协会在伊巴丹奥哈奥巴市场发展中的作用
市场协会是约鲁巴兰经济活动中不可或缺的现象。本研究是对市场协会对伊巴丹Oja'Oba市场增长和发展的贡献的历史考察。它考察了伊巴丹Oja'Oba市场的各种协会及其形成。研究表明,市场经济中经济交易的成功取决于交换媒介和为参与市场交易的个人提供社会互动的市场协会的可用性。该研究的数据来源于主要和次要来源。该研究得出结论,市场协会为伊巴丹Oja'Oba市场的发展做出了巨大贡献,为贸易商之间提供了联系,为成员提供了财政援助,并为解决冲突提供了仲裁者。
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来源期刊
Intelligenza Artificiale
Intelligenza Artificiale COMPUTER SCIENCE, ARTIFICIAL INTELLIGENCE-
CiteScore
3.50
自引率
6.70%
发文量
13
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