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Give the reasons why Many developing countries have lagged behind in industrialization?

Give the reasons why Many developing countries have lagged behind in industrialization?

Answers

Eric
1. Long periods of colonization relegated them to the role of suppliers of raw materials and as a market for industrial goods from develop countries at the expense of their own industries.
2. There is poor transport and communication has undermined industrialization.
3. Most developing nations have poor economies which can’t support meaningful industrialization.
4. Most of the developing countries are lagging behind in the use of appropriate technology required in the manufacturing of goods and in the exploitation of natural resources.
5. A large portion of the population in developing countries is made up of illiterate and semi- literate people.
6. The protectionist policies adopted by developing countries have discouraged private enterprises and foreign investment.
7. There is low market due to low purchasing power of most of the population.
8. There is political instability in third world countries.
9. Third world nations often have poor disaster management strategies.
10. There is lack of skilled personnel in third world countries.
ericmunguti answered the question on September 21, 2018 at 05:31

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