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What else can I help you with?
Why is economic dependence a problem for African nations?
A major goal of African nations is reducing economic dependence. Because they rely heavily on the export of a single crop or commodity, they are at the mercy of world market prices. African nations, such as Egypt and Kenya, have tried to diversify their exports, but they face stiff competition from developing nations in Asia and Latin America. African nations have tried to limit costly imports. But this has proved difficult for essential imports. For example, only a few African nation- Nigeria, Libya, and Gabon- produce enough oil for their factories and transportation systems. The others must buy imported oil. When world oil prices soar, most African nations must borrow money to pay for the oil. Like other nations, they have had difficulty repaying their debts. Despite these problems, many African nations have made economic progress in recent years. The recovery remains fragile, however. The African people are often hurt by events outside their control. Debt, drought, disease, civil war, and international conflict all work against economic progress.
Which generalization can be made about the rise of latin American nations?
New Latin American republics had little difficulty achieving democratic rule
Many modern-day African nations have had difficulty uniting their people because the people?
Many modern-day African nations have had difficulty uniting their people because of ethnic diversity, colonial legacies that fostered division, and uneven economic development leading to social inequalities. This has resulted in challenges related to national identity, political instability, and competition for resources among different groups.
Economic prosperity has been hindered in many African nations?
spending on industrial infrastructure
What economic challenges did African nations face after winning independence?
Scoal studies sickness's
What water problems do African nations face?
African nations face a situation of economic water scarcity, and current institutional, financial and the human capacities for managing water are lacking.
What were the challenges faced by oau?
The challenges faced by the Organization of African Unity (OAU) included internal conflicts among member states, financial constraints, and difficulties in achieving unity and cooperation among African nations. Additionally, the OAU struggled to effectively address issues such as colonialism, apartheid, and economic development on the continent.
What role does insurance play in the social and economic development of Nigeria as a nation?
This is a much maligned and debated issue in the ongoing progression of many African Nations. Although, it has to be said, Insurance capital has influenced Nigeria greatly since the countries inception, it cannot be credited with achieving the amount in social and economic terms as the D.I.L.D.O. TAX has.
Why was the Atlantic slave trade harmful to African nations?
Africa missed out on generations of economic, cultural, and political development.
What has prevented African nations from achieving political stability?
I know you guys are from john dewey high school and your teacher is mr toussant lol
Which parts of africa have little or no economic activity?
Sahara in Africa has practically no economic activity. Sahara covers a few African nations. It is merely a large sea of dessert.
Which situation would best encourage economic development in most African nations today?
b. attracting investment capital
