Question

Identify and explain five economic and labour market measures that can be adopted by the government...

Identify and explain five economic and labour market measures that can be adopted by the government of ghana in the post-COVID19 economic recovery

Homework Answers

Answer #1

Answer:
Five economic and labour market measures that can be adopted by the government of Ghana for economic recovery post COVID-19 are as follows:

  • Investment in sustainable infrastructure : Government should start investing more on sustainable infrastructure projects which not only helps in development of the economy but provide jobs to the public so demand and supply will remain in balance.
  • providing economic stimulus to small and medium scale industries and common public : As most of the small and medium scal industries are mostly affected by this pandemic and lockdown, stimulus package should be relaesed for small and medium scal industries so that they can recover themself and helps in economic development of the country. If they starts collapsing whole economy will get collapse.
  • Focusing on technology : Government should focus on technology and using it to increase productivity, using latest equipments in factories and agriculture which will increase the productivity and GDO of the country.
  • Promoting exports among the industries Ans saving local businesses: Government should promote export of goods and services which are abundant in country by providing them support in the form of subsidy at the same time saving local businesses by adding tarrifs on international goods.
  • Providing employment to the people : To increase the employment of the country various projects should be taken by the givernment, public private partnership projects can also be taken which will help to get economy up and running very easily.

(plz give me a thums up...if my answer helped you and if any suggestion plz comment, Yr thums up boost me)

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Explain how government debt can be an economic benefit as well as an economic problem
Explain how government debt can be an economic benefit as well as an economic problem
Identify and discuss at least five measures health care organizations can implement to reduce workplace violence.
Identify and discuss at least five measures health care organizations can implement to reduce workplace violence.
Assume that Covid-19 leads Brazil government financial/economic crisis Propose policies to be taken by the government...
Assume that Covid-19 leads Brazil government financial/economic crisis Propose policies to be taken by the government to help the country come out from the crisis. Please explain your recommendations using any models or theoretical frameworks learned in macroeconomics class. For example, you can explain your suggestion using money market, labour market, IS-LM model or AD-AS model.
Explain 2 economic rationales for government intervention in the health care market and 2 examples the...
Explain 2 economic rationales for government intervention in the health care market and 2 examples the roles of government in promoting efficiency and equity in the healthcare market.
Evaluate the policies can the government of a free market economy implement to stimulate economic growth.
Evaluate the policies can the government of a free market economy implement to stimulate economic growth.
What can a government do to promote long run economic growth? Explain each fully.
What can a government do to promote long run economic growth? Explain each fully.
1. Explain two main reasons why we need to study public finance 2. Distinguish between the...
1. Explain two main reasons why we need to study public finance 2. Distinguish between the “organic view” and “mechanistic view” of the existence of government 3. Explain the concept of market failure and discuss five reasons why there is market failure 4. What is meant by market failure? Identify and discuss four conditions under which the market fails to optimally allocate resources. 5. What is meant by the term government failure and explain five reasons why there may be...
please identify and briefly describe the main economic functions of government. What function do you think...
please identify and briefly describe the main economic functions of government. What function do you think is the most controversial? Explain why.
1a). Under what economic/market condition(s) can a government impose per unit tax on a product and...
1a). Under what economic/market condition(s) can a government impose per unit tax on a product and increase economic efficiency, i.e., reduce deadweight loss? 1b). Under the economic/market condition(s) that you have described above, how does the per unit tax on a product increase economic efficiency, i.e., reduce deadweight loss?
Explain how an increase in government expenditure can affect the goods market and money market by...
Explain how an increase in government expenditure can affect the goods market and money market by taking the link between the two markets into account.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT