Ghana Economic Developments

Question 1

Agriculture

Answer 1

Introduction of cash crops such as cocoa
It became the mainstay of the nations economy in the 1920s
The cocoa marketing board was created in 1947 to assist farmers and to stabilise the production and sale of their crop
By the end of the decade, the gold Coast was exporting more than half of the world’s cocoa supply.

Question 2

Trade

Answer 2

Exportation of timber and gold
The developments of modern modes of extraction unlike panning and shaft mining made gold mining an exclusively foreign run enterprise. For example, the Ashanti Goldfields Corporation
Revenue from export of the colony natural resources financed internal improvements in infrastructure.
Guggisbe

Question 3

Transport and communication networks

Answer 3

Guggisberrg presented a ten year development programme to the legco. He suggested improvements of transportation e.g watter supply, drainage, hydroelectric projects, public buildings.
Developments led by the governor’s programme include artificial harbour at Takoradi, which became ghana’s first port.
Completion of the Huni Valley kade branch of rail line to serve cocoa and timber. 1923-1929
The Kumasi-sekondi line was also strengthened and re-routed