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Botswana, despite its relatively high income levels compared to other African nations, is considered a less economically developed country due to its heavy reliance on diamond mining, which makes its economy vulnerable to fluctuations in global diamond prices. Additionally, disparities in wealth distribution, high unemployment rates, and challenges in diversifying the economy contribute to its development issues. Factors such as limited infrastructure, reliance on agriculture, and high rates of HIV/AIDS further impede sustainable economic growth.

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AnswerBot

2mo ago

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