Promoting National Socio-Economic Development Flashcards
What is development
Development is the process of change, particularly of structural nature, toward the enhancement of the individual scope of self-fulfillment and the people’s socio-economic wellbeing
What is economic growth
Economic growth refers to the establishment of physical structures such as roads and industries, to enhance economic development
What is social development?
This is a definite change in attitudes of people and in their ways of life leading to the improvement in the standard of living of the people.
Mention three factors that prevent Ghana from developing.
poor attitude to work.
High dependency burden.
Low income levels
Low savings
High rate of illiteracy?
High cost of living
in ordinate taste for foreign goods.
heavy dependence on primary products
Improper planning.
Low technical and managerial skills.
Corruption and embezzlement.
Inadequate infrastructure
Nepotism and favouritism
Mention three factors that militate against development in Ghana.
The conservative nature of some Ghanaians
foreign oriented development programmes
Disorientation in the educational system
trade liberalization.
high population growth rate.
Mention four factors of low savings in Ghana
Low wages and salaries
High cost of living
High dependency burden.
High inflation rates.
Low interest on savings.
Unemployment.
Mention three measures to promote development
Provision of the necessary inputs
considering the overall interest of the individuals
re orientation of the people
restructuring the educational system
long term development planning based on research.
Define national economic life
This refers to the activities which bring about an improvement in the quality of life of the people.
What is the primary sector
this refers to the extraction of resources from the natural environment. eg includes;agriculture,lumbering and mining
What is referred to as the secondary sector?
this involves the processing and transformation of raw materials into manufactured or finished goods.
Define tertiary sector
This involves the provision of services to ensure the effective functioning of primary and secondary activities.
Give three reasons why the agricultural sector is important to the economy of Ghana.
Provision of employment
provision of raw materials. provision of market.
provision of food.
source of foreign exchange.
provision of income.
controlling rural urban migration.
provision of capital for financing social economic projects.
Mention three reasons for low agricultural productivity/inability to obtain food sufficiency in Ghana.
Land tenure system.
Over reliance on traditional methods and tools
poor transportation facilities
Over dependence on rain-fed agriculture
inadequate credits facilities
poor storage facilities inconsistent agricultural policies
excessive food imports.
disease and pests
illiteracy and ignorance
rural-urban migration.
poor distribution and marketing facilities.
poor soils
Give three measures to increase agricultural productivity.
Intensification of mechanized farming
construction of irrigation projects.
provision of storage facilities.
Provision of agricultural inputs.
Provision of credit facilities.
the use of high yielding seeds and high breeding animals.
Disease and pest control
establishment of research institutions
improvement in transportation network.
Education
Give three examples of the. industrial sector.
The manufacturing sub sector
mineral production or processing.
Construction
Utilities
Indigenous industries.