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Why haven't African countries been able to have a healthy economies?
Wiki User
∙ 13y ago
There are several reasons why some African nations do not have healthy national economies. They include :
- Over-specialization as European colonies, with one or two major crops or industries forming the bulk of the domestic enterprises
- Conflicts, border wars, and unstable governments, with various factions from both inside and outside national borders
- Insufficient investment capital, through waste or inefficiency and the lack of faith by international investors (mostly due to the above)
- Increased populations, and the lack of infrastructure and services to deal with masses of impoverished citizens
- Conditions beyond governmental control (disasters, droughts, changes in international markets affecting imports and exports)
Wiki User
∙ 13y ago
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