Ghana’s first President, Kwane Nkrumah, during his presence in office in 1952 to 1966, attempted to use the agriculture sector as a foundation to increasing Ghana’s economy, but the agriculture output had fallen. Since then, the sector was consistently decreasing. In the late 1960s, the commodity prices and the food production had fallen. By 1983, Ghana’s export crop production had reached an all time low due to the country’s drought. During the year of 1984, the government then decided to begin the Economic Recovery Program, to reduce Ghana’s debt and improve their position in the global economy (Ghana Agriculture).
Despite Ghana’s previously failure, the agriculture sector was once again identified as a great opportunity on the basis for industrialization to increase economic growth. The government soon began to invest grants and loans to repair and improve transportation and distribution infrastructure serving export crops, and developing spe...
... middle of paper ...
...for thousands of people, giving them something to live for or to experience a decent living, versus starving not knowing when the next time they will eat, not wearing the proper clothing, or having a safe home with clean water to drink. In addition to, Ghana being capable of dominating crops such as pineapples and being the main provider for the world. To be able to create jobs, dominate any crops in the world, and decrease poverty among the Ghanaians, is success for Ghana. Ghana’s GDP certainly has significant changes, but there is potential for improvement to increase economic and production growth which is what GDP stands for.
In international business, an entrepreneur should be an all around humanitarian person who help offer solutions to the hardships of poverty out of kindness, dedication, and sympathy as well as maximizing profits for personal and business.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Introduction: “Today we are seeing best practices in action. We know that, if scaled up with speed, these approaches could increase food production and improve livelihoods without damaging the environment. We need to create conditions for innovation and then invest so that innovation moves from the lab to the farmer’s fields,” Vice President of the World Bank Rachel Kyte said in 2012 at the G20 Conference. As Kyte illustrates, it is crucial that the international community adopt innovative strategies toward improving and implementing sustainable agriculture and food system strategies to tackle issues of food security, but also to prepare for future climate change challenges.... [tags: food security, communism, marshall plan]
2655 words (7.6 pages)
- Accra, the capital of the beautiful and welcoming nation Ghana, is located in West Africa, West Africa’s Gulf of Guinea. It is known for its wildlife, beauteous attractions, and richness in gold and secluded beaches. Ghana also known as the “Gold Coast,” gained their independence on March 6th 1957 from the British. The nation was led to independence by the first president Kwame Nkrumah, who altered the country to a republic. Ghana continues to grow each day as a nation, Though Ghana is growing each day they face many economic and social problems, such as poverty, health issues, education, corruption, and economic challenges.... [tags: Africa, Poverty, Ghana, Poverty threshold]
1632 words (4.7 pages)
- ... The following were the scope of the GLSS 5: • Household: Housing characteristics, agricultural inputs, crop production, expenditure on food items consumed, assets, savings and loans; • Individuals: Demographic characteristics like education, health, economic activity, migration and tourism of individuals in the household; and • Community: Demographic characteristics of rural communities, economy and infrastructure, education, health and agriculture. Works Cited Becker, G. S. 1964. Human Capital: A Theoretical and Empirical Analysis.... [tags: agriculture, economic growth and development]
1569 words (4.5 pages)
- employment is the highest in Ghana. As a resourced-based economy, this shouldn’t be so, private sector employment and self-employment should outwit the growth in the public sector. You may not like Pastor Mensah Otabil but totally agree with what he recently stated during the springboard meeting in Accra that “I 'm looking for the day where Ghana employs just 5% of labour and the rest are employed by private entities” This is so in developed world such as Norway and Canada which are mainly resourced based economies.... [tags: Macroeconomics, Economics, Economy, Unemployment]
733 words (2.1 pages)
- ... According to Kolavalli and Vigneri (2010), “the damage to cocoa trees from capsid attacks tends to be higher for cocoa trees growing in full sun than for those in shaded systems” . Hence, the best possible environmental alternative to the current cocoa-growing practices in Ghana would be a mixed agroforestry system, where the forest understory is removed and the canopy is thinned and fruit trees with economic value are grown next to cocoa trees, providing both shade for the cocoa trees in the form of ‘forest rent’ and food and income for the farming house .... [tags: alternatives to intensive farming systems]
1323 words (3.8 pages)
- It is not uncommon for women across the world to work both outside and within the home on any given day. Women 's work in the formal sector is necessary for economic survival, but their families cannot endure without the work they also put in at home. For many women, the workday does not end when they leave their jobs, but not till many hours later when the children, their spouses, and the home have been taken care of. Beneria and Sen refer to this as the “double day”. The reality of the double day holds important insights into understanding the ways in which the push for economic growth as the main form of development disadvantages women.... [tags: Poverty, Economic inequality, Agriculture]
1292 words (3.7 pages)
- Relevance – Problems to be addressed and expected results After 30 years of reforms (Doi Moi) from central-planned economy to market economy, the agriculture of Vietnam is the most successful sector of the whole economy. The impressive achievements of Vietnam agriculture were to ensure national food security, significantly contribute to poverty reduction, contribute up to 15-20% of total export turnover and create employments for 50% of total labours. These achievements has been rooted from the endless efforts of 10 million small-scale farmer households and 13 thousand rural enterprises catalysed by innovative policies of the government, of which land reform granting the land use right to sm... [tags: Agriculture, Poverty, Food security]
966 words (2.8 pages)
- The zenith of a third world country escaping its economical tag is expressed nowhere as clearly as the sub-Saharan African member, Ghana. The once chosen heart of Africa’s gold, formerly known as Gold Coast of the British African Colonies, gained its independence on the 6th of March with its visionary autocrat Dr.Kwame Nkrumah. The shifting of political seats and their contesting ideologies to government rule has led the country to remain in economical battles fifty seven years after its independence.... [tags: Ghana, Good Society]
2427 words (6.9 pages)
- THE FOOD AND AGRICULTURE SECTORS MANAGEMENT OF RISK IN REGARDS TO THE NATIONAL INFRASTRUCTURE PROTECTION PLAN (NIPP) Matthew Whitworth Private Sector Homeland Security HLSS305 May 23, 2015 The Food and Agriculture Sector is a critical component to the sustainment of the nation’s infrastructure. The Food and Agriculture Sector provides the nation with sustenance through food and water and is deemed a critical infrastructure and key resource (CIKR). If successfully attacked through a biological/chemical means, the effects on the nation could be detrimental.... [tags: Risk management, Risk, Food, Goal]
2315 words (6.6 pages)
- The agriculture sector contributed more than half the output of the Indian economy when the country embarked on its First Five-Year Plan in 1950-51. Over a period of six decades, the share of agriculture has gradually declined to less than 15 percent. Even in the rural economy, the share of the agricultural sector has declined to 38 percent of the total income generated in rural areas (2004-05). Despite its shrinking share in national income and losing its dominance in rural income, the performance of the agricultural sector remains a matter of central concern to policy makers and the public at large (Chand et.... [tags: Agriculture, Poverty, Economics, Food security]
784 words (2.2 pages)