Petty Trading Business Operation and Its Impacts on Livelihoods – Case Study at Community Four in Nsutem in the Eastern Region of Ghana.
Description
Ghana a middle income country is composed of towns, villages or communities which are very poor in settings and development. Most of these communities are illegal gold mining communities, fish farming communities, basket weaving communities, kente weaving communities, farming communities or trading communities, . Even if trading communities, they have a local occupation which is supporting the business. Small petty trading business is supporting livelihoods and development within such communities and by that getting daily access to goods and services. Every individual or person needs one thing or another to support daily activities and such people depends on petty traders as they are easily accessible. This research work sorts to investigate the impacts of minor trading business operations and their effects on communities’ development and livelihoods as they meet daily needs of indigenous and migrants. Since most of these petty traders deals in petty cash issue which requires constant nurturing and manipulation to make good profits for themselves and for shop continuous operation. The method employed in this research work is the Stationed with Questionnaire Interview Approach (SQIA). Questionnaires are administered and analyzed using Microsoft Excel and SPSS statistical tool to observe real time business operation within the community and its impacts. Research finding has shown that petty trading has resulted in the development of community four as petty traders are making money for themselves and their children. Individuals are also able get easy access to goods and services to meet daily needs. 40% of the 60 respondents think petty trading impacts on personality is good as they easily get access to goods, services, products and items needed by the home and families. Petty trading is contributing to the welfare and development of individuals in community four hence in agreement that, petty trading is boosting the Nsutam community and Ghana.
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20341_Petty Trading-Article Text-29738-1-10-20230206_.pdf
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