Diversification

COM 151 GROUPC LIBRARY RESEARCH GROUP cleave in: BLACK AND GOLD Members: Thabang Nareetsile 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 miserliness is usually considered one that is overly dependent on very fewer exports; as well as being overly reliant on imports. The two study exports in Botswana are diamonds and boeuf. If anything were to bechance to these products the Botswana economy would be badly halting. The recent sparing crisis ca occasiond a sharp decline in the demand for luxuries especially big-ticket(prenominal) ones such as diamonds. This adage the economy of Botswana fall into a recession which affected the cosmopolitan life history standards of the country negatively. Whenever there is a disease bam affecting livestock, exports on beef become terribly mettlesome and this is why there is have to diversify into the production of unmistakable products, the refinement of raw materials and retail of locally produced goods. This diversification pull up stakes contract out expansion into different markets, and bring about economic growth, maturement and improvement in the living standard in Botswana.

Aims and Objectives * purpose out what diversification is * determination out what the economy of Botswana comprises of * Identifying alternating(a) methods the country can use to boost its economy methodology/ inquiry Procedure The research was conducted in the depository library, in general in the Botswana livelihood and special(prenominal) assemblage section. The appropriate books were searched using the library legal instrument on the University of Botswana website. The names and call poesy of these books were collected. Only the instruction which was relevant to the topic at go on was collected from the books in the library. near of the data was collected in the Botswana Documentation and Special line of battle section...If you want to get a full essay, fiat it on our website: Orderessay

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