ECONOMICS RESEARCH Q 3

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3. ATTRIBUTES OF UNDER-DEVELOPMENT: GHANA

I have chosen Ghana to answer this question.

The four characteristic attributes of underdevelopment applied to this country, are

explained as follows:-

➢ PER CAPITA INCOME

Per capita income of Ghana (as of 2015) is 4150 PPP $. It is a low per capita income

making the country an underdeveloped nation

➢ POPULATION GROWTH RATE

Population Growth Rate of Ghana is 2.2 % (As of 2016) nearly double the world

population growth rate. This high population growth rate shows that it is an

underdeveloped nation

➢ UNEMPLOYMENT RATE

Unemployment rate of Ghana is 11.9% (2015) is quite high compared to 7.2%

estimated unemployment rate of the world so Ghana demonstrates this attribute of

underdevelopment very well.

➢ DEPENDENCY RATIO

Dependency ratio of Ghana is 19.7 which is also quite high.

Ghana was started on a good footing after gaining independence. If the trend

were allowed to continue, the country would be in a better economic shape

than now. Tragically, the country’s defenders contributed immensely to the

problems the country is facing to date. Their numerous involvements in the

political system did not benefit Ghana in any way; it rather sent the country

many years backward.

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3. ATTRIBUTES OF UNDER-DEVELOPMENT: GHANA I have chosen Ghana to answer this question. The four characteristic attributes of underdevelopment applied to this country, are explained as follows:➢ PER CAPITA INCOME Per capita income of Ghana (as of 2015) is 4150 PPP $. It is a low per capita income ...
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