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Alex787 [66]
3 years ago
5

If GDP MP = Rs. 15,000 ,NIT=Rs500, find GDP FC .

Social Studies
1 answer:
galina1969 [7]3 years ago
7 0

GDP FC will be Rs 14,500.

Explanation:

Formula for Gross Domestic Product at market price= Gross Domestic Product at factor cost + indirect taxes- subsidies.

In the above question Gross Domestic Product at market price is given that is Rs 15000 ,Net Indirect tax ( indirect tax - subsidy) that is Rs 500 has been given, to find the value of Gross Domestic Product at factor cost , we have to follow the procedure.

GDP MP= GDP FC+ NIT

15000=GDP FC+ 500

GDP FC= 15,000-500= 14,500

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Five factors to adopt in order to unite all Ghanaians
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i. Ethnic diversity

ii. Religious belief

iii. Cultural affiliation

iv. History

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Ethnicity

Ethnicity is a social group that shares the same culture, language , ancestry or religion. Ghana is a multi-ethnic society. it has a diversify ethnic groups. The Akan ethnic groups  are the most numerous ethnic group . Other ethnic groups are the Ewe, Ga, Gonja, Dagomba, Guan, Kyerepong etc. Understanding and respecting the ethnic diversity  of the Ghanaian population is a good step in uniting the society. To avoid ethnic hostilities and pressure for regional secession the ethnic group needs to be considered.

Religious belief

The major religion in Ghana are Christian , Muslim and the traditional religion. Understanding the spiritual affiliation of the Ghana society is a good rallying point to unite all Ghana. The government needs to adopt policy that will benefit and align with the spiritual practice of the Ghana community.

Educational Background  

Education  plays a major role in the society. An educated society improve standard of living , improve cohesion among the populace and also encourage  brotherhood. The Ghanaian population have a tiny group of people that had the opportunity to attend higher institution . The educational disparity among the populace is a major factor to adopt in order to unite all Ghanaian society.

History  

History means studying the past - specifically the people affairs, events  and problems. If one does not consider the history of a society especially if the history of the society was a problematic one , they are likely condemned to repeat it.  Therefore the history of the people is a major factor to adopt in order to unite a society. Moreover, Ghana have had major history of war among ethnic groups and this is something the government won't love to ignore.

Other factors to adopt in order to unite Ghanaian are demography , political stance of the people.

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