Diversification

COM 151 GROUPC LIBRARY RESEARCH GROUP NAME: BLACK AND gilded Members: Thabang Nargonetsile 201100517 Tuduestso Modise-201101474 Monthusi Seremane-201104140 Karabo Mooko- 201100811 Shathani Majingo-201100528 Larona Keebaatlhotse-2011001455 Phatsimo Maele-2011001456 REPORT ON DIVERSIFICATION OF BOTSWANA ECONOMY Introduction The Botswana prudence is usually considered one that is too reliant on in truth few exports; as well as being overly reliant on imports. The two major exports in Botswana are diamonds and beef. If anything were to happen to these products the Botswana preservation would be naughtily halting. The recent scrimping crisis caused a sharp decline in the demand for luxuries particularly expensive ones such as diamonds. This aphorism the delivery of Botswana blood into a recession which affected the worldwide living standards of the land negatively. Whenever thither is a disease eructation affecting livestock, exports on beef become terr ibly crippled and this is why there is need to diversify into the production of distinct products, the refinement of tender materials and retailing of locally produced goods. This diversification pull up bet create expansion into different markets, and bring about frugal growth, development and improvement in the living standard in Botswana.

Aims and Objectives * Finding out what diversification is * Finding out what the economy of Botswana comprises of * Identifying alternative methods the country can use to boost its economy methodology/ Research Procedure The research was conducted in the depository library, in the first place in the Botswana livelihood and spe cial(prenominal) Collection section. The app! ropriate books were searched using the library legal instrument on the University of Botswana website. The names and call numbers racket of these books were collected. Only the instruction which was relevant to the topic at pot was collected from the books in the library. Most of the data was collected in the Botswana Documentation and Special Collection section...If you want to get a full essay, fiat it on our website: OrderEssay.net

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