One of the main arguments in favour of the import substitution policy in the First Republic of Ghana was job creation for the youth.A. TrueB. False

Analysis of the Statement

The import substitution policy was implemented in Ghana during the First Republic with the aim of reducing reliance on imported goods by promoting domestic production. One of the anticipated benefits of this policy was indeed job creation, particularly for the youth, as local industries would need labor to operate and produce goods that were previously imported.

Detailed Explanation

1. Economic Context: In the post-independence era, Ghana sought to develop its own industries to become economically self-sufficient.
2. Employment Opportunities: Promoting local production meant establishing factories and companies, which would subsequently lead to the creation of new jobs, especially for young people entering the workforce.
3. Government Policy: The government's support for local industries was also aimed at fostering economic growth and reducing unemployment among the youth.

Conclusion

Based on the above analysis, the statement is True. Job creation for the youth was one of the main arguments in favor of the import substitution policy implemented during the First Republic of Ghana.

Final Answer

A. True