Answer:
............ ......... ... True
Answer: The Republic of Ghana is named after the medieval West African Ghana Empire. The empire became known in Europe and Arabia as the Ghana Empire after the title of its Emperor, Ghana. The Empire appears to have broken up following the 1076 conquest by the Almoravid General Abu-Bakr Ibn-Umar. The Gold Coast was the first British colony in Africa to become independent. After independence, its name changed to Ghana, and the first president was Kwame Nkrumah. Ghana is in West Africa, in the Gulf of Guinea. The name Ghana comes from an ancient kingdom several 100 kilometres northwest of the modern republic.
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Answer:
Benefits:
- Access to a larger market
- Increase in production of goods
Costs:
- Loss of jobs in developed countries
- Depletion of natural resources.
Explanation:
On the one hand, a global market means that a company or firm can potentially reach a larger market to sell its products and services. And in turn, make more profit. On the other hand, it also means that the competition is global and that a firm has to compete in this larger market with hundreds of firms. This often means that to be competitive, companies have to lower their costs. One easy way of doing that is by outsourcing or moving parts of their production process to countries with lower salaries. This leads to the loss of jobs in the home countries.
The increased competition and the larger market also mean that more goods are produced at a better price for the customer. However, this production can easily get out of hand and deplete natural resources.
Prohibition, the attempt to halt the sale and consumption of alcohol in the 1920's, was unsuccessful. Americans continued to buy and drink alcohol supplied through a wide network of organized crime.
