Factors affecting economics in Nigeria is lack of education, poverty, high cost to produce with low profit margins, roads prevent growth, and lack of support from the government. Industrialization would make life harder for people who lack skills and resources because of automation. Workers are exploited by being paid lower wages than they could earn in an already developed country.
Nigeria is one of the richest countries in the world, their cohbolt mines supply the world with cohbolt for use of mobile phones. the delay in industrial growth is down to corruption within the govt, nigeria can never be allowed to grow industry wise as this would have dire effects on the govt bursting their " money bubble".
poor goverment policy on industries, shortage of resources, shortage of foreign investors,
Several factors contributed to the rise in industrial growth. These include advancements in technology and transportation, the growth of global markets and trade, the availability of natural resources and capital, and government policies that supported industrialization. Additionally, the rise of a skilled and specialized workforce played a crucial role in fueling industrial growth.
British empire growth and development caused the industrial revolution.
The 1920s was a decade of rapid industrial growth such growth is called the Roaring Twenties.
it spread through the harbor all across the hole spurred growth and most peope didnt like it
Industrial growth just like the telephone service did
Strong industrial growth means expanding the factors of production, which is input of the industrial which results in the expand of output. The four factors of production are: enterprise, labour, land, and capital
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the industrial revolution
Several factors contributed to the rise in industrial growth. These include advancements in technology and transportation, the growth of global markets and trade, the availability of natural resources and capital, and government policies that supported industrialization. Additionally, the rise of a skilled and specialized workforce played a crucial role in fueling industrial growth.
protectionalism factors protectionalism factors protectionalism factors
it is good to know the factors that can hinder business operation in any given society
Tai-Ying Liu has written: 'Report on factors which hinder or help productivity improvement in the Republic of China' -- subject(s): Industrial productivity
one of the factors that hinder industrialisation in Africa is lack of technological capabilities and proper infrastructure failure of import substitution industrialisation
Better transportationWarModern technologyEmbargo Act of 1807Assembly line production(OW)
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British empire growth and development caused the industrial revolution.
The 1920s was a decade of rapid industrial growth such growth is called the Roaring Twenties.