Abstract: As governments in Ghana attempt to improve upon the creation of wealth‚ employment and hence reduce poverty among the people‚ they have continually improved upon the regulatory policies and liberalised the financial services sector. The small scale financial services sector‚ often referred to as‚ the microfinance sector‚ has grown vigorously‚ though not without many debilitating challenges. Failures are not uncommon in this sector. However‚ these failures are as factors of ineptitude‚
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social attitude of individuals and communities towards the power or powers which they conceive of as having ultimate control over their interest‚ and destinies”. This definition was captured by Max Assimeng In his book “Religion and Social Change in Ghana: introduction to the study of religion”. Based on this and many of the definition on religion‚ I agree with Ross that religion is a more effective social control mechanism that enacted laws for society. What is social control one may ask?Social
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After the Cold War and World War II many changes took place all across the world. The catalyst for Sub-Saharan Africa reshaping its national identity was Ghana becoming emancipated from British rule in 1957. The national identity for a country or even a region is tied in with that particular area’s overall success. Ghana and Kenya were greatly impacted by this new forming identity. In order to make Sub-Saharan Africa a better place some things were required to change and others were allowed to continue
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africa came under the direct jurisdiction of Europe after the initial carving out of the continent referred to as the ’Scramble for Africa’. This partition was fulfilled at the Conference of Berlin 1884-85 resulting in the political mapping of the continent. Thus‚ Africa facilitated the extension of the European hegemonic powers overseas. This colonization rendered the African continent the play-toy of wealthy European imperialists who raked the profits from the resource-rich territories. The period
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but to be open and willing learn from all resources made available to me. I am excited to vary my choice of subjects and to engage myself in extracurricular activities to firmly develop myself academically‚ socially and personally. Dr. Nkrumah left Ghana to go and study at the University of Pennsylvania for a couple of years. During his time in the United States‚ he made a positive impact in the life of others and constantly shared ideas. He admitted learning so much from the people he met. This teaches
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In the years since the Second World War‚ the European powers had begun withdrawing from Africa. This process of decolonization is in response to nationalist movements within Africa‚ international pressure from the USA and the Soviet Union‚ and the European countries’ own awareness of their economic weakness after two world wars. Decolonization was mostly completed within a few years of 1960‚ though white minorities effectively continued colonial rule in South Africa‚ while the
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HIS 1515-101: History of Modern Empires The Rise and Fall of the Colonial Empire 1800-2000 According to the Traditions and Encounters‚ the process of decolonization refers to “a form of regime shift‚ a changed relationship between the colonizing power and colony.” Such decolonization occurred with the end of European empires in African and Asian countries after the pressures of the First and Second World War and the rise of nationalism. The period between the years 1900 to 1959 reflect a shift
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With reference to specific geographic regions critically discuss the legacy of colonialism for LDCs Colonialism in the dictionary of geography (Clark‚ 2003) has four definitions‚ two of which really jumped out to me‚ “the economic‚ political and social policies by which colonies are governed by the sovereign Metropolitan country (the colonial power)‚ usually based on the maintenance of a marked distinction between the governing country and the subordinate (colonial) population.” As well as “in
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Africans who were sold into slavery to work and develop other continents. That was followed by stringent moves to decolonize Africa. The decolonization process gradually led to the agitation for self-rule‚ which was actually initiated by the likes of Dr. Kwame Nkrumah‚ the first President of the republic of Ghana. With the attainment of self-rule‚ it was the belief of Ghana and‚ indeed‚ all independent African states that the fortunes of Africa would change for the
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Francis Nwia Kofi Ngonloma was born to Madam Nyaniba. [2][3] in Nkroful‚ Gold Coast.[4] Nkrumah graduated from the Achimota School in Accra in 1930‚[1] studied at a Roman Catholic Seminary‚ and taugh at a Catholic school in Axim. In 1935 he left Ghana for the United States‚ receiving a BA from Lincoln University‚ Pennsylvania in 1939‚ where he pledged the Mu Chapter of Phi Beta Sigma Fraternity‚ Inc.‚ and received an STB (Bachelor of Sacred Theology) in 1942. Nkrumah earned a Master of Science in
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