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What happens to the economies of many countries om north africa when oil and natural gas prices are low?
Wiki User
∙ 10y ago
When oil and natural gas prices are low, the economies of North African countries suffer.
Wiki User
∙ 10y ago
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How might the countries studied in this section improve their economies?
By not having a government based on Religion has improved their economies of North Africa and the other countries that are there.
What is Africa's economy?
It is hard for Africa to make a profit on the goods that it exports. Very varied. Some of the 47 countries in Africa have advanced economies, but many have rather primitive and unorganised economies, reliant on overseas aid. Some, such as Zimbabwe, seem to have a death wish.Unstable .I would say 'varied'. Dependent on selling raw materials .Africa contains 53 countries in various stages of development and prosperity and political stability. To pronounce on Africa as a whole would be like trying to lump the USA and Columbia and Haiti together.
Why were countries interested in Africa?
For the natural resources there.
How did the Scramble for Africa affect african countries even after European imperialism in the region had ended APEX?
It left many African countries with the foundation to build modern economies.
What countries are between Mexico and Africa?
there happens to be an ocean between them.
What are some natural resources in Africa?
Natural resources form the basis of the economies of most African countries. Of primary importance are agricultural products and mineral resources. These resources are used for subsistence-food to eat-and for commercial purposes-to sell locally or as exports.GoldManganeseBauxitehttp://exploringafrica.matrix.msu.edu/teachers/curriculum/m6/activity4.php
Why does Latin America have more developed trading practices than Africa?
because it far more developed continent than africa, with alot of countries being first world economies
How did the Scramble for Africa affect African countries even after European imperialism in the region had ended?
It created lasting political and economic instability in African countries.
What is the locations of traditional economies?
Mostly Africa.
Why is Africa in colonies?
It is not true to say Africa is in colonies. Throughout its history people from many countries came to exploit its natural resources and to settle there and so many colonies were set up. All over Africa there are influences from many countries, particularly countries from Europe. Nowadays, these countries have left and Africa has independent countries in it, though many still have people from other countries living in it.
What of the following outcomes can be attributed to European imperialism in Africa after the industrial revolution?
African states were forced to focus their economies on acquiring natural resources.
The economies of North Africa are heavily dependent on what?
oil
