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SOCIAL STUDIES NOTES FOR REVISION (WAEC-SHS) - SOCIAL AND ECONOMIC DEVELOPMENT

Studying this topic of socio-economic development will enable you to:
  • acquire knowledge and skills for dealing with challenges facing the youth
  • prepare adequately for employment

  • take steps to ensure your financial security

  • identify the usefulness of science and technology in national development

  • realize the relationship between human and natural resources and national development

Hi. Just to let you know; you may also download our entire FREE SHS Social Studies notes by clicking the button below. We'd also appreciate a kind DONATION to +233 (0) 545 409 639 from you.



THE YOUTH AND NATIONAL DEVELOPMENT

Introduction

The youth form the most active and potential manpower of the nation. They are expected to replace the aging labor force and play responsible roles in the transformation and modernization of the economy.

Yet they seem not to be playing their expected roles in national development enough. Unfortunately, too many of them do not have the requisite skills and appropriate attitudes needed for development. This does not order well for the development of the nation.

Explaining the term “youth”

Youth refers to the active and potential manpower (between 18 and 60 years) before retirement age.

Some challenges encountered by the youth in their effort to contribute to national development and how to overcome these challenges

Challenges encountered by the youth include:

  • difficulty in adapting to new environments

  • problems of breaking from parental attachment

  • tendency to fall under influence of a bad company

  • inadequate job opportunities

  • low-level education

  • pressure from elders to do the wrong things eg. Election malpractices, vandalism, etc.

Avenues for youth training in the country

A number of youth training programs exist in the country, including:

  • national youth employment programs

  • Opportunities Industrialization Center (OIC)

and other programs by the government, individual apprenticeships, etc.

Self-assessment

How could knowledge of youth programs be made more helpful to the youth?

Identifying avenues by which the youth can get employment

  • newspapers job advertisements

  • personal contacts

  • self-employment i.e. private business

  • prepare one’s CV and make adequate preparation for job interview

Suggest avenues to find employment for yourself and others.

Advantages of savings to the individual

  • Interest on money saved

  • Safekeeping of your money

  • Ability to meet unexpected expenses and planned expense

  • Minimizes borrowing

  • Check on one’s spending

  • Proper management of one’s finances

  • Maintenance of living standards up to retirement and thereafter

Advantages of savings to the nation

  • money to initiate development projects e.g.

    • schools

    • libraries

    • hospitals, etc.

  • improvement of the standard of living

The work of some of the financial institutions in the country

The following are some of the financial institutions with which one can save money:

  • Banks

  • Rural Banks

  • Savings and Loans Companies

  • Susu Group

  • Credit Union

  • Insurance Companies etc

Financial companies

  • Savings and Loans Companies

  • banks

  • Insurance companies

  • Credit Unions

  • Susu Groups

How to plan a sustainable financial security program for the future:

  • Set financial and occupational goals

  • Put some money aside each month

    • as savings

    • SSNIT contribution

    • Insurance

    • Shares

Contributions expected from the youth in national development

The youth as manpower:

The youth are the most active and potential manpower. Their contributions are very important, including:

  • acquire quality education and skills needed for work in the present century

  • develop effective decision-making skills

  • live healthy lifestyles

  • be hardworking

  • maintain a job and pay their taxes

  • have a positive attitude to work

  • maintain good relationships with others

  • Support national efforts and support others

  • have proper role models

Question: As a youth what contributions can you make to the development of your nation?

Download the entire SHS FREE Social Studies notes now. We'd also appreciate a kind DONATION to +233 (0) 545 409 639 from you. Thank you.

SCIENCE AND TECHNOLOGY

Introduction

Science and Technology are currently the engines that move development in the world. IGhana, though there has been a lot of emphasis on science and technology, the country has not been able to fully utilize its scientific knowledge for development.

Difference between science and technology

  • Science is a body of knowledge acquired through systematic inquiry and considerable mental effort.

  • Technology is the application of scientific knowledge to satisfy human needs.

Science and technology for development and production

The technology uses scientific findings. Some examples are as follows:

  • Based on the principles of floatation the ship was invented.

  • On the principles of airlift, liquid dynamics, and how birds fly, the airplane was invented.

The role of science and technology in the development of Ghana

  • There has been extensive research in Ghana based on science and technology.

  • There has been soil research, cross-breeding of animals, major building projects, road construction, research on agrochemicals and machinery, etc.

Efforts are being made to promote science and technology in Ghana

  • encouraging and enabling the study of science

  • admission of more science students

  • establishing science resource centers in schools

  • training of more science teachers

  • funding research on technological development etc.

Ghana could promote its development through increased application of science and technology.

Download the entire SHS FREE Social Studies notes now. We'd also appreciate a kind DONATION to +233 (0) 545 409 639 from you. Thank you.

RESOURCE DEVELOPMENT AND UTILIZATION

Introduction

Ghana has abundant natural resources which have not been efficiently tapped for the country’s improvement.

This situation is often blamed on inadequate capital and technical know-how, but it is actually due to an imbalance in the development of our human resources and the needs of society.

The development of the nation will be enhanced if more attention is given to relevant practical skill acquisition rather than mere knowledge acquisition.

Meaning of resource and development

Resources refer to any form of material available to societies that are used in the production of goods and services. Development is the qualitative and quantitative improvement in the standard of living of people in society.

Types of resources

There are three types of resources:

  • Natural Resources

  • Capital Resource

  • Human Resource

How human resources can be developed

Development of human resources can be by:

  • Formal education

  • Apprenticeship

  • On-the-job training etc

How resources contribute to national development

Educated and trained persons have more practicable skills and knowledge and are more able to transform resources into refined goods and services.

Download the entire SHS FREE Social Studies notes now. We'd also appreciate a kind DONATION to +233 (0) 545 409 639 from you. Thank you.


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