Economics 9708 · AS & A Level · Trade unions

Trade unions — practice question

(a)[4]

With the aid of a diagram, explain the effect of natural resource development on Ghana’s potential growth.

(b)[4]

Explain how natural resource extraction in Ghana will ‘create further employment in other sectors through the multiplier effect’.

(c)[4]

Explain what the information means by the ‘Dutch disease’ and, using Fig. 1.1, consider how far Ghana suffered from this problem.

(d)[8]

Use the information to assess the impact of oil extraction on the standard of living in Ghana.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Natural resource development will raise Ghana’s potential growth.

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