After gaining independence from Great Britain, Ghana faced a problem that is common among newly-formed countries. This is the fact that when a colonist power leaves the country, it often leads to a breakdown of politics and institutions. Ghanians did not have an established political system to replace the British one, and this meant that Ghana was politically instable for the next few decades.
Political instability led to a slowdown of the economy, as foreign investors left and businessmen became uncertain of the future. This shows that political stability and strong institutions are absolutely necessary for economic growth to take place.
<span>After gaining independence from Britain, Ghana's economy languished for three decades. These was there because of continuous coups that took place within the Ghana economy. The Ghana experience teaches us that economic and political systems and economic growth are related together. If any of the pillar falls, then other two pillars also cannot stand on its own and they two will also fall eventually.</span>
<span>George Washington had served in the British military. I was unable to find any statement by him saying that the British government should reduce taxes. He was not happy with the British closing Boston harbor and killing colonists. And the colonists had tried on several occasions to talk to the British government. He felt military action was needed.</span>
Popular sovereignty is the idea that the people within a geographic territory should be able to make decisions about how they are represented or governed. The idea is to maintain the consent of the people through elected representatives. Therefore the notion of popular sovereignty is represented in the notion that "The people that live in a territory should choose whether to allow slavery or not."
