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The main reasons are governmental corruption, incompetence, and red tape, accompanied by lawlessness, lack of property rights, and poor educational systems. The need to obtain many permits before opening a business discourages many people. The need to pay bribes and keep on paying them discourages many people. The inability of the government to provide security and the corruption in the legal system making it impossible to prosecute thieves discourages many people. The danger of having the government seize your property at any moment discourages many people. The failure of the educational system to train enough literate workers keeps many foreign businesses from even wanting to set up shop in those countries.

High population, closing of industries, poor currency, ignorance,

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12y ago
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12y ago

The main reasons are governmental corruption, incompetence, and red tape, accompanied by lawlessness, lack of property rights, and poor educational systems. The need to obtain many permits before opening a business discourages many people. The need to pay bribes and keep on paying them discourages many people. The inability of the government to provide security and the corruption in the legal system making it impossible to prosecute thieves discourages many people. The danger of having the government seize your property at any moment discourages many people. The failure of the educational system to train enough literate workers keeps many foreign businesses from even wanting to set up shop in those countries.

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9y ago

There are a number of reasons for high unemployment in developing countries. The 5 major ones include: under performing economies, an uneducated population, slow in using technology, high levels of corruption and lack of communication.

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11y ago

because they are black

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Q: What are reasons for high unemployment rates in developing countries?
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Political leaders look at the unemployment rates of other countries as part of a comparative study. Every leader wants to know that they are doing better than others.


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