Promoting National Socio-Economic Development Flashcards

1
Q

What is development

A

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

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2
Q

What is economic growth

A

Economic growth refers to the establishment of physical structures such as roads and industries, to enhance economic development

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3
Q

What is social development?

A

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.

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4
Q

Mention three factors that prevent Ghana from developing.

A

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

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5
Q

Mention three factors that militate against development in Ghana.

A

The conservative nature of some Ghanaians
foreign oriented development programmes
Disorientation in the educational system
trade liberalization.
high population growth rate.

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6
Q

Mention four factors of low savings in Ghana

A

Low wages and salaries
High cost of living
High dependency burden.
High inflation rates.
Low interest on savings.
Unemployment.

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7
Q

Mention three measures to promote development

A

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.

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8
Q

Define national economic life

A

This refers to the activities which bring about an improvement in the quality of life of the people.

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9
Q

What is the primary sector

A

this refers to the extraction of resources from the natural environment. eg includes;agriculture,lumbering and mining

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10
Q

What is referred to as the secondary sector?

A

this involves the processing and transformation of raw materials into manufactured or finished goods.

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11
Q

Define tertiary sector

A

This involves the provision of services to ensure the effective functioning of primary and secondary activities.

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12
Q

Give three reasons why the agricultural sector is important to the economy of Ghana.

A

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.

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13
Q

Mention three reasons for low agricultural productivity/inability to obtain food sufficiency in Ghana.

A

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

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14
Q

Give three measures to increase agricultural productivity.

A

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

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15
Q

Give three examples of the. industrial sector.

A

The manufacturing sub sector
mineral production or processing.
Construction
Utilities
Indigenous industries.

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16
Q

Mention three roles of the industrial sector.

A

Provision of employment
provision of foreign exchange source of revenue.
markets for agricultural raw material.
provision of agricultural inputs.
provision of infrastructure development.

17
Q

Give three factors that militate against the development of the industrial sector.

A

Competition from foreign produced goods
Insufficient capital
inadequate number of people with managerial skills
Inordinate taste of Ghanaians for foreign goods.
inadequate raw materials.
energy problems.
Low level of technology.
political instability
Poor infrastructural facilities.
Inadequate skilled labour

18
Q

Mention three measures to promote industrial development.

A

Provision of capital

establishment of management institutions.
review of the trade liberalization policy.
Encouraging Ghanaians to patronize locally manufactured grids.
Provision of raw materials development of alternative source of power
The use of modern technology
Re orientation of the education system.

19
Q

Mentioned three ways the government is promoting the development of the secondary sector.

A

Improvement of road network to rural areas.
sale of state enterprises.
establishment of National Board for small scale industries. creation of free industrial zones. liberalized tax regimes for industrialists.
supporting the primary sector to produce more raw materials.
Skil training for small scale enterprises.

20
Q

Mention three roles of the service sector.

A

Provision of employment
Provision of foreign exchange
source of revenue
contribution to gross domestic product
provision of support and services
Provision of education and training.
promotion of health needs.

21
Q

Define tourism

A

Tourism is the voluntary movement of people to places of interest for the purpose of recreation, leisure, education and familiarization with the cultural and physical features of these places.

22
Q

Mention three factors that promote tourism in Ghana

A

Improved tourist attractions
improved infrastructure
the countries rich culture
exposing tourism potentials
the traditional Ghanaian hospitality.

23
Q

Give three importances of tourism

A

Foreign exchange earnings
Foreign exchange earninForeign exchange earnings
source of employment
provision and improvement of infrastructure
source of revenue
diversification of economy
a boost to local handicraft industry.
source of employment

24
Q

Give three problems of tourism

A

Inadequate funding
Ipoor waste management
infiltration of foreign lifestyles
moral degeneration
the spread of diseases
upsurge in criminal activities.

25
Q

Define buoyant economy.

A

This is one in which all the various sectors of the economy function effectively leading to the significant improvement in the quality of life of the people.

26
Q

Mention three characteristics of a buoyant economy.

A

high capital income
high level. of technology
of technology
high rate of industrialization
highly mechanized agriculture
availability of a sound infrastructural base
political stability
effective linkage among the sectors of the economy
high standard of level

27
Q

Define standard of living

A

Standard of living refers to the economic or material well being of a people living in a country.

28
Q

Mention two factors responsible for the low standard of living in Ghana.

A

Low incomes
high dependency burden
low savings
low technical know how
poor attitudes to work
lack of entrepreneurial ability.

29
Q

Give two measures to improve the standard of living in Ghana.

A

Making education accessible to all
improvement in technical training now.
change in the existing negative attitude of Ghanaians
Encouraging savings and banking habits in Ghanaians
appropriate government policies.