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The economy of Ghana at independence (1960-1966) could best be

described as A. mixed economy C. command economy B. socialist
economy D. capitalist economy

User Lapo
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Answer:

The economy of Ghana at independence (1960-1966) could best be described as a mixed economy.

At the time of Ghana's independence in 1957, the country's economy was largely based on agriculture, with cocoa being the most important cash crop. However, after independence, the government under the leadership of Kwame Nkrumah implemented a range of policies aimed at industrializing the country and diversifying the economy.

These policies included the establishment of state-owned enterprises and the nationalization of some industries, which gave the government a significant role in the economy. However, private enterprise was still allowed, and foreign investment was actively encouraged.

Overall, the Ghanaian economy at the time of independence was a mix of public and private enterprise, with the government playing an active role in promoting economic development and industrialization. This mixed economy approach continued throughout the 1960s, although it shifted more towards a command economy in the 1970s under the military government of General Ignatius Kutu Acheampong.

User Alexandre Fenyo
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