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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.
Wiki User
∙ 9y ago
Wiki User
∙ 15y agoNigeria 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".
Wiki User
∙ 12y agopoor goverment policy on industries, shortage of resources, shortage of foreign investors,
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What helped cause the rise in industrial growth?
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.
Did the growth of the british empire cause the Industrial Revolution or did the Industrial Revolution cause the growth of the empire?
British empire growth and development caused the industrial revolution.
The 1920s was a decade of rapid industrial growth such growth is called?
The 1920s was a decade of rapid industrial growth such growth is called the Roaring Twenties.
What factors led to industrial growth?
it spread through the harbor all across the hole spurred growth and most peope didnt like it
What did the electric lighting service increase in the late 1800s?
Industrial growth just like the telephone service did
What is meant by strong industrial growth?
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
What geographical factors do you think might benefit industrial growth in Mexico?
Penis
What factors led to the dramatic population growth of Europe between 1500 and 1700?
the industrial revolution
What helped cause the rise in industrial growth?
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.
What factors hinder exportation in Kenya?
protectionalism factors protectionalism factors protectionalism factors
Factors likely to hinder business operation in any given society?
it is good to know the factors that can hinder business operation in any given society
What has the author Tai-Ying Liu written?
Tai-Ying Liu has written: 'Report on factors which hinder or help productivity improvement in the Republic of China' -- subject(s): Industrial productivity
What factors hinder industrialization in Africa?
one of the factors that hinder industrialisation in Africa is lack of technological capabilities and proper infrastructure failure of import substitution industrialisation
What Five factors that increased industrial growth in the US?
Better transportationWarModern technologyEmbargo Act of 1807Assembly line production(OW)
What are the factors which hinder effective communication and how can such be overcome?
farts
Did the growth of the british empire cause the Industrial Revolution or did the Industrial Revolution cause the growth of the empire?
British empire growth and development caused the industrial revolution.
The 1920s was a decade of rapid industrial growth such growth is called?
The 1920s was a decade of rapid industrial growth such growth is called the Roaring Twenties.
