African goods were subject to falling prices on the world market.-----nova net biatch.
Independence left them with weak economies, and many countries have been unable to overcome or recover from these burdens.
Yes.75% of African countries have specialized economies today - they depend on exporting one or two products.
all countries have mixed economies
because these people couldnt do anything right
African countries are finding that a diversified economy helps weather the highs and lows. It also helps in the case of crop failures from disease or bad weather.
Manufacturing is one of the things that helped build African economies rather than weaken them in the early 1970's.
After gaining independence, the major factor that prevented many African countries from having strong economies is underdevelopment. Most African countries have not been able to stand alone and they still depend on donors from the West.
They only traded with their home country's or cities. African goods were subject to falling prices on the world market
to add variety to their economy's.
Yes.75% of African countries have specialized economies today - they depend on exporting one or two products.
all countries have mixed economies
It created lasting political and economic instability in African countries.
It left many African countries with the foundation to build modern economies.
diversify their economies
When oil and natural gas prices are low, the economies of North African countries suffer.
This country gained its independence from Britain in 1960.
Journal of African Economies was created in 1992.
because these people couldnt do anything right