What is a problem the prevents Africa from being able to fully utilize its resources?

Answer 1

Please note that these are generalization, and do not apply to every industry or country:

economic underdevelopment

political unrest

world trade patters and/or

civil wars

lack of infracture

Answer 2

political factors provides of dummy variables without which it is difficult to find an explanation to Africa's poor economic performances. these variables includes:

(a) the level of corruption

(b) the extend of ethical fragmentation

(c) the political violence

(d) the quality of the government services

(a) The level of corruption

In most African countries, the government, is the largest employer, the chief dispenser of all the benefits. Many appointments were made not based on merits but of party loyalty or tribal affiliation. The allocation of developmental projects were considered using such measures. The political activity was reduced to the palace politics an arena for the ruling class they used to manouver their interest.

(b) The extend of ethical fragmentation

The creation of arbitrary boundaries and artificial states led to the development of tribalism than peace development. With regards to this tribalism became the ideology of politics within African states. This led to the rise of the political violences within African states, e.g in Zimbabwe the Gukurahundi

Answer 3

Many African countries are not capable of taking advantage of their Natural Resources due to a lack of intellectual and capital resources. As technology in the field develops, the exploitation of natural resources becomes more and more capital intensive, meaning, to remain competitive, businesses must resort to expensive, increasingly technologically focused, and automated means of production. Capital-intensive production is contrasted with labor-intensive production, in which production is more reliant on human resources than capital goods and technology. Thus, despite its large wealth in human resources, existing poverty, largely caused by years of colonial exploitation barring the natural development of a stable capital market, has barred the development of natural resources in many African states.

In much of Africa, a number of unfortunate problems serve as both the causes and effects of one another. On paper, the quickest and easiest way to gain capital resources necessary for the development of natural resources is through foreign investment, in which investors from capital rich and developed nations are encouraged to develop less developed states with the promise of better return. However, due to the problems of corruption, instability, technological deprivation, and a general lack of confidence, issues which often stem from a lack of development, this promise of better return often does not exist. In order for African states to effectively develop their natural resources, it is crucial for the state to provide a smoothly operating bureaucracy and long-lasting prospects of internal stability, provisions which are solely acquired through an increase in national wealth.

Crucially we must not view this problem in a general light; Not all of Africa has failed to develop its natural resources. The Southern and Northernmost areas of Africa are relatively wealthy and developed in comparison to the more central regions of the continent, and enjoy a similar degree of wealth in natural resources. But, in Central Africa, exceptions to the general rule of a lack of development do exist, the most prominent of which is Equitorial Guinea, and this exception refutes the assumed correlation between the development of natural resources and general welfare. In Equitorial Guinea, despite the extensive development of oil resources, much of the wealth is concentrated in the hands of a select few government officials while the general populace's living conditions are still bleak by Western standards.

Answer 4

world trade patterns economic underdevelopment politcal unrest -apex

Answer 5

Economic underdevelopment

World trade patterns

Political unrest

Answer 6

Lack of capital for industrialization and resources located in remote areas. -apex

Answer 7

World trade patterns,economic underdevelopment,political unrest

Answer 8

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