Ghanaians emphasize communal values such as family, respect for the elderly, honoring traditional rulers, and the importance of dignity and proper social conduct. Individual conduct is seen as having impact on an entire family, social group and community; family obligations take precedence over everything else in life.
Ghanaians speak a distinctive West African version of English as a standard form, involving such usages as chop (eat) and dash (gift).Ghanaian national dress, kente cloth, is another source of common identity and pride. It is handwoven into intricate patterns from brilliantly colored silk. Men drape it around their bodies and women wear it as a two-pieced outfit. The basic diet consists of a starchy staple eaten with a soup or stew. Forest crops, such as plantain, cassava, cocoyam (taro), and tropical yams, predominate in the south. Corn is significant, especially among the Ga, and rice is also popular. The main dish is fufu, pounded plantain or tubers in combination with cassava. Soup ingredients include common vegetables and some animal protein, usually fish, and invariably, hot peppers. Palm nut and peanut soups are special favorites. The main cooking oil is locally produced red palm oil. The northern staple is millet, which is processed into a paste and eaten with a soup as well. Indigenous diets are eaten at all social levels, even by the Westernized elite. Bread is the only major European introduction and is often eaten at breakfast. Restaurants are not common outside of urban business districts, but most local "chop bars" offer a range of indigenous dishes to workers and bachelors. People frequently snack on goods offered for sale by street hawkers. Most households raise chickens and dwarf goats, which are reserved for special occasions, such as christenings, weddings, traditional festivals, and Christmas. Among the Akan, the main indigenous celebration is odwira, a harvest rite, in which new yams are presented to the chief and eaten in public and domestic feasts. The Ga celebrate homowo, another harvest festival, which is marked by eating kpekpele, made from mashed corn and palm oil. Popular drinks include palm wine, made from the fermented sap of the oil palm, and home-brewed millet beer. Bottled European-style beer is widely consumed. Imported schnapps and whiskey have important ceremonial uses as libations for royal and family ancestors.
Answer: The correct answer is : An ability to learn from mistakes
Explanation: Many successful business owners fail in their first attempts, it must be assumed that they learned from their mistakes. An entrepreneur when starting a business must assume that clever market strategies may still fail to sell a product. An example to follow is the businessman Henry Ford who achieved success through his innovative methods of production.
Scarcity refers to the basic economic problem, the gap between limited – that is, scarce – resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy basic needs and as many additional wants as possible.
Scarcity dictates that economic decisions must be made regularly in order to manage the availability of resources to meet human needs. Some examples of scarcity include: The gasoline shortage in the 1970's. Coal is used to create energy; the limited amount of this resource that can be mined is an example of scarcity.
Scarcity is simply the concept that human wants (not human needs) exceed the resources available that are necessary to produce the goods used to satisfy those wants. Since economics is the study of how people make choices, without scarcity there would exist no choice and, hence, no economics.
