Structural Change and Economic Development in Ghana

A set of vocabulary flashcards covering key concepts related to structural change and economic development in Ghana.

Structural Change

The transformation of the structure of an economy, affecting its sectors and the relationships between them.

Forms of Structural Change

Different types of structural changes in economy, such as changes in sectors, employment patterns, or demographics.

Negative Urban Pool

Economic and social challenges faced by rapidly growing urban areas, often due to migration from rural areas.

Negative Rural Pool

Challenges and decline in rural areas as people migrate to urban settings, impacting economies and communities.

Climate Shock

Significant environmental changes that can disrupt economies and livelihoods, particularly in agriculture and rural employment.

Illegal Mining

Unregulated extraction of minerals, usually causing environmental degradation and economic issues in affected areas.

Land Pressure

The competition for land use, often leading to conflicts, reduced agricultural productivity, and urban expansion.

Structural Interdependence

The degree to which different sectors of the economy rely on each other for resources, goods, and services.

Linkage in Economy

The connections between various economic sectors, impacting their interactions and contributions to overall economic health.

Economic Benefits of Structural Change

Improvements in social development, technology, and capital through better economic structures.