A Reason for the Failure of Import Substitution Industrialization in Ghana

question 18

Multiple Choice

A reason for the failure of import substitution industrialization in Ghana is:

• A) owners of factories often took advantage of the lack of competition to charge high prices for shoddy goods
• B) the imports that substituted for local goods were not of good quality
• C) imports flooded the market and hurt national industries
• D) no countries were willing to sell their goods in Ghana
• E) investment capital was not stimulated

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Definitions:

Constructive Eviction

A form of eviction that occurs when a landlord fails to perform adequately any of the duties required by the lease, thereby making the tenant’s further use and enjoyment of the property exceedingly difficult or impossible.

Unfit For Occupancy

A condition where a dwelling or property is deemed unsafe or unsuitable for living due to health, safety, or building code violations.

Adverse Possession

A legal principle under which a person who occupies land belonging to another for an extended period may be entitled to claim legal title to that land.

Stream Of Commerce

The flow of goods and services through the supply chain from producers to consumers.