
Let’s start
If you ask me what the economy is, my response will most definitely be along the lines of: The economy is what we see around us. It involves the buying and selling of goods and services. It includes what we produce, the work we do, the salaries we earn, the prices of goods in the market, and even how much it will cost for me to buy a car and take her out on a date. This is what the economy means: the system we use to distribute scarce resources on Earth.
The Argument
But who on earth made this system, or better yet, who controls it? The answer is that we all do. Every decision we make influences the economy. When enough of us take a stance on something, whether right or wrong, we collectively push the system in a particular direction. We appoint system administrators, our policymakers, economists, and government officials, to prevent chaos and mismanagement. These individuals study the system, analyse trends, and design structures (policies) to ensure the system works in a way that benefits us all. They take our input, implement changes, and ideally adjust policies when we express dissatisfaction. But what happens if we fail to provide that input? What if we decide we are not interested in economic discussions, even when the system is not working to our advantage? Worse still, what if the administrators stop receiving feedback from the people they serve?
1 Page Economics
As young people growing up in Ghana, we all have education, career, and lifestyle expectations. Achieving these aspirations requires resources, jobs, funding, infrastructure, and opportunities. The manner our scarce resources are managed directly affects our quality of life and the future we hope to build. This is why understanding and actively contributing to economic issues in Ghana is so important. When we engage with economic policies and governance, we help shape a system that works for us. We create an economy that aligns with our ambitions rather than an economy that leaves us struggling.
This blog wants to arm you with the blueprints for making that engagement by breaking down economic headlines so you can add your voice to the conversation.
Keep the economic breakdowns coming.
A good one there…
Thank you Elizabeth!
Thank you Elizabeth!
Thank you!
We’re learning☺️🫡
Yes we are!
Good start. Let’s hear you.💪👍
Thank you!
Wonderful insight. Keep up the great work