Mar 20 - Ghana

Mar 20 - Ghana - 20 March 2008 Ghana: The colonial economy...

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20 March 2008 Ghana: The colonial economy - Did the British really develop the GC economy? - Was the greatest crime of imperialism not exploitation, but neglect? - Ashanti state was powerful state - Lots of gold and slave trade Pre-Colonial – Slave trade, legitimate trade - No slave trade until 1600s - Gold trade too lucrative, no one wanted to mess that up - 1680 slaves accounted for a third of the “exports” of Ghana - Success of economy based on success of Ashanti military expedition - Slave trade ended 1810 - Wealthy merchant class in legitimate trade (became Christian) - Kola, palm oil, etc. - Switched to cocoa pod (former slaves returned home with technology and that) - In ______30% of world’s cocoa crop came from Ghana - Became monoculture, made them vulnerable - Depression and WWII messed up the market - Farmers did not like how middlemen like Cadbury gave them low-prices - Farmers refuse to sell, British get worried, set up a cocoa marketing board Colonial supply Demand Marketing – Cocoa Marketing Board
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This note was uploaded on 04/16/2008 for the course HI 292 taught by Professor Wylie during the Spring '08 term at BU.

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Mar 20 - Ghana - 20 March 2008 Ghana: The colonial economy...

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