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4 years ago

What can one conclude about the link between falling cacao crop prices and rising economic problems in Ghana?

Social Studies

1 answer:

Nadusha1986 [10]4 years ago

3 0

Answer: The options are not given, here are the options.

A. Economic problems led Ghana’s farmers to cut their cacao prices.

B. The country was too dependent on exports of its cacao crop.

C. Ghana grew cacao more economically when the economy slowed.

The correct option is B.

The country was too dependent on exports of its cacao crop

Explanation:

Despite that Cacao crop originated from Central America, Ghana is one of the biggest producer and exporterof cacao crop in West Africa. Ghana faces economic challenges because

The country was too dependent on exports of its cacao crop and did not give room for diversification.

They did not source for another medium of increasing their GDP and national income or revenue. When cacao crop prices slashed it's affected the economy and ever the cacao farmers and these lead to the tremendous decrease in national income.

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