The Economic Development of Ghana

The Economic Development of Ghana Ghana is an African country placed on the western side of Africa. Its neighbors are Burkina Faso to the north, Togo to the east, the Atlantic oceanic to the south, and Cote DIvoire to the west. It has a population of 18,100, 703 and a population tightfistedness of 197 people per square mile. Ghana is 92,098 square miles and English is its prescribed language. The capital city of Accra has around 1, 673,000 people residing in it. There are the physical statistics, now onto the more evoke part. The countrys greatest strengths lie in its natural resources. In those terms, it is very rich. Cocoa, its biggest export, accounts for 15% of the worlds allow for. Also its gold production, in recent years, its exported as many as one zillion fine ounces. Ghana similarly has a good supply of bauxite, diamonds, coffee, rice, cassava, timber and rubber. Moreover, since 1983, the sparing has steadily grown. With economic recovery policies intact, the economy has raised 5% a year since 1983. Tourism also is growing within Ghana. Tourist rates are increase also. With all these cash crops, costly goods, and economic restructuring, one would wonder why they need assistance at all. Ghanas weaknesses though, about outweigh the strengths.

Like most countries in Africa, Ghana is in heavy debt since its independence in 1957. It also suffers from high cipher deficits. All of the foreign adornors that come in only invest in the gold fields. The richest business, Ghana isnt blendting that profit. Because of clearing the knowledge base for farm use and urbanization, 70% of the forest has been destroyed. With the new urban communities and mining, pollution is a very serious problem in this small nation. As for other statistics that are related, its farming does well up because of the two rainy seasons. There is only one pertain for every 12,523 people, but because of hygienic lessons, that doesnt cause too ofttimes of a problem. The major causes of death are malaria,... If you want to get a full essay, order it on our website: Ordercustompaper.com

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