1. "What about the 80%? Modernization of Other Important Sectors of the Ghanaian Economy."
The FARMING SECTOR

2. ABSTRACT
Farmers make up of 80% of the production sector of the economy in Africa, especially, Ghana. But their meager income and poor economic conditions impede their efforts to increase their production capacity to an appreciable extent. It is therefore imperative that some measures be taken in order to augment them raise their income, which will in turn boost their economic situation and, consequently, leads to higher productivity. This is the background in which this study is conducted to encourage and advise African governments to aid boost production in the agricultural sector of their economy. The aim of this study is to discover appropriate manners whereby farmers in the low and middle income countries could be major players in the economic activities in the country. It purports to state that, given appropriate measures, a greater proportion of farmers in the Third World Countries, could be moved from the lower class level to middle class level. The latter, which is the ideal indicator of political and economic success, leads to stability in the economic domain

4. Two Important developments
1.Modernization of the Farming Sector in Ghana
2. Introduction of Income Insurance for Ghanaian workers between Ages years Old.

5. Modernization of the Farming Sector in Ghana
Purpose: TO BRING THE GHANAIAN FARMERS TO THE CENTRAL ROLE AS PLAYERS IN THE MODERNIZED GHANAIAN ECONOMY.

6. Farmers Responsibilities
1. Register your farms as companies, e.g.,
(Rev Asante Antwi Farms, or Opanyin Kwaku Boateng and Sons Farms
2. Give Address and direction of these farms in your Region
3.Telephone number/numbers of the farm owner
4. Date of Birth of this owner and ethnicity. If many, date of births.
5. How many acres of farms do you have? In the same area or different locations? Provide.
BASIC RESPONSIBILITY

7. Statistics of Produce Year by Year
A. How many tons/pounds of Cocoa sold each year, 2017, 2018, 2020, 2021 and so forth? Every 3 months, 6 months, 9 months, or 12 months. This should be updated every time one makes sales so that comparison can be made.
B. How much was the total sales during this period of sales? Sales before expenses?
Year by Year

8. INCOME STATEMENT GENERATION

9. INCOME OF FARMERS
A. How much was the income after expenses are deducted?
B. How much was the real income before tax?
C. How much was income after tax has been deducted
Income of the farmer every 3 months, 6 months or a year are generated regularly in the computer system.
COMPUTER SYSTEM: An income statement is a financial statement that reports a company's financial performance over a specific accounting period. Financial performance is assessed by giving a summary of how the business incurs its revenues and expenses through both operating and non-operating activities.

10. Second Responsibility of the Farmers
Report these to the Regional Ministry of Agriculture (Here there is an Expert there, preferably an MBA graduate to help put these information on the computer system in order to generate National Data for Ghanaian Farmers).
Personal Reporting must be done regularly if you have no educated son or relative who could send this through the or any credible communication means. [False data or information generated can lead to prosecution. Article so and so in Ghana’s constitution or Ghana Laws on Cocoa Industries] (National Data Centre to be ready by August Government of Ghana, News)
National Data for Ghanaian Farmers

11. COCOA BUYING AGENCIES (Data)
Apart from this data reported to the Regional Ministry, Cocoa buying companies should have their own credible data information of any cocoa farmer with his registered names and companies also registered in their system. [This will help cross checking by Banks and Insurance Companies. Ghana Cocoa Farm Laws Article so and so]

12. GOVERNMENT OF GHANA (Responsibility)
Government through Parliament shall pass a law to state that farmers hence forth could use these information to apply for loans, pay their income insurance premium, insure their properties and etc. These information shall be made visible and accessible in the country, so that for instance, President Akuffo-Addo could sit in his office at Flagstaff House in order to assess, for example, Rev Asante-Antwi Farms and obtain every information about him, his activities, and his farm produce regularly just as every bank in the country could do prior to granting loans to a modern farmer/worker in Modern Ghana.

13. Parliament House

14. Modern Ghanaian farmers
Later, there can be a campaign to encourage (and incorporate) all graduates who want to enter into the farming business for them to have a guarantee income so far as one follows the example above. With the introduction of INCOME INSURANCE, then, every farmer could become a bread winner with regular income to support his family, if, based on his annual yield he could pay his insurance premium regularly monthly, quarterly, six months or yearly.

15. modern farmer/worker in Modern Ghana.
Farming job would then become a white collar job through which an income will be accepted as valid to apply for personal loans and plan for one’s own future and enjoy leisure.

16. ECONOMIC CONDITIONS/LOANS
1. Private Cars (but not commercial vehicles) 2. Building house| Estate ownership  3. Make extension in the farming industries or selling cocoa produce
4. Purchase farming equipment 5. Educate a university Graduate 6. Travel expenses for vacations 

17. RESULTS OF EXPERIMENT
a) Farmers with low income could enjoy leisure b) Life security and well-being of farmers c) Players in the economic activities in the country
d) Facilitate efficient money circulation e) Bring prospective farmers to the middle class level
f) Boost the farming industries image g) Bring Third World farmers to the center of modern economic history
h) Distribute wealth to the level of equilibrium i) Boost mental health of farmers in the low and middle income countries.

18. RECAPITULATION Manufacturing sector will grow
Broaden the tax base of the economy
Growth of urban communities/check migration to congested regional capital cities.
Good ground/prerequisite for Industrialization
Introduce income insurance for Ghanaians between 18 years to 59 years.