Download file to see previous pages...
For this reason Africa has poised to become the next frontier of economic growth, yet Ghana and many other African nations have continued to remain in poverty. Majority of the citizens are still in the poverty and a significant proportion has continued to enjoy chronic extreme poverty. In Ghana 28% of the population is living conditions of extreme poverty (Owusu and Mensah, 2013). In this paper therefore, I will be exploring some of the reasons behind Ghana state of poverty despite possessing vast natural resources.
Ghana continues to remain poor yet the country is home to vast mineral deposits, arable agricultural land and many other natural resources that are vital to economic development. At a time when manufacturing industries in the Europe, china, Japan, America and beyond are sourcing raw materials almost entirely from the African continent, Ghana and many other nations in Africa have no viable industrial or manufacturing economy beyond agro processing and production of raw materials. This situation can be looked at from different perspectives. Firstly, some have argued that Ghana and the entire Africa lacks knowledge on what can be done with the vast wealth in terms of oil, minerals and gas deposits. It can as well be argued that Ghana does not place any economic value at all to the rich mineral resources. Yet it can also be argued that that Africans are traditionally non-capital oriented and as such they derive satisfaction from just the surface value rather than what lies beneath their natural resource wealth. The most important issue here is that Africa and Ghana in particular is a net exporter of raw materials and this translates into transforming economic benefit for its citizens as would be if it were converting these raw materials into finished products for export.
The biggest problem facing Ghana with its rich natural resource base revolves around the capability of converting the resources on a mass scale into finished
...Download file to see next pagesRead More
It may also occur when people have less money or possessions than is considered acceptable socially. Poverty is an important issue in today’s society, and many people struggle to have enough money to live and to feed themselves and their family. People of many demographic backgrounds are affected by poverty, and there is a wide range of factors that lead people into this area.
The artwork that is available in this region is not only associated with the recognition among the area but also is in strong demand from African – Americans. Many that are associated with this artwork are also noting that the demand to appreciate the cultural value among other sectors of the globe could create better alternatives for those living in society.
On page 1, we are told that she considers herself to be a victim of abject poverty who was inducted into a poverty-stricken cycle by her colleagues at school and her mother. She therefore feared that due to discrimination and inequality between the social classes she would remain in that cycle and her children would follow suit.
Majority of these developed countries will attempt to conceal the real face of poverty in their countries and the fact that it does exist, within their borders with no consideration for skin color, gender, or race. Jo Godwin Parker in “What is Poverty”, contends that poverty afflicts peoples lives slowly, destroying what they have until they are left with nothing, exposing them to sacrifices and hardships that they must undergo with the aim of simply slowing down the process (Parker 1).
On the other hand, relative poverty is defined as the economic inequality in the society or location in which people live. The report will portray secular view on poverty. Characteristics of Poverty There are several characteristics of poverty. Individuals who are considered under the below poverty line generally deprive of good treatment facility, education facility, housing facility and healthy food distribution facility.
It is the fault of the government system and the country in they live. The individuals who run these countries are rich, there is a small percentage of the population, which is rich, and the other most percentage is
The latter part of the poor laws amendments signifies the importance and responsibility of the families within their members. Elizabethan families believed to the importance of families as the smallest institution of the society and to the supports it could
These include, victimization, chronic strain, biological responses and different coping styles than males . The high rates of depression that women experience a directly related to decreased productivity and
Export of cocoa and gold provides almost all export earnings with a significant exports of bauxite, timber and precious wood, aluminum. Up to 20% of the gross domestic product is exported, and the funds from the export are used to
3 Pages(750 words)Assignment
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Research Paper on topic Poverty in Afica ( Ghana) for FREE!