Answer to Question #177236 in Management for Michael

Question

Describe any four natural resources of Ghana and explain how they benefits the economy of ghana

Answer 1

Answer

Ghana is located in the middle of the gold coast of Africa. Its tropical climate varies from a Sudanian type of climate with a short rainy season in the North to high rainfall regime in the Southwest. With Agriculture as their main economic sector, the country is gifted with rich natural resources such as timber, gold, diamonds, manganese, and oil. These resources provide jobs to nearly half of the Ghanaians. Also, they play a significant role in the economy by generating fiscal revenue, income, good infrastructure and poverty decrease.