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In Africa, globalization hinders the nation's development when it comes to the exploitation of its Natural Resources. On the other hand, globalization supports Africa's development in terms of economic growth.
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∙ 9y ago
Globalization can both hinder and support development in Africa. On one hand, globalization can lead to exploitation of resources, widening income inequality, and loss of local culture. On the other hand, it can bring in investments, technology transfer, access to global markets, and opportunities for economic growth. It is essential for African countries to manage globalization effectively by developing policies that maximize the benefits and minimize the negative impacts.
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