Political instability: coups, civil wars and borders disputes experienced in the third world hinder the development of both agriculture and industry hence slowing economic development
Colonial and neocolonialism legacies: third world countries lack economic independence due to neocolonialism. Their economic resources are controlled and exploited by developed countries through multinational corporations and international trade
High population growth: third world countries are faced by high population growth rate due to improved medical and health services leading to massive expenditure on food importation
Natural calamities: third world countries have been subjected to epidemic catastrophes. This has led to huge amounts of resources being spent on controlling diseases at the expense of industrial investments
Dana05 answered the question on June 14, 2019 at 11:59
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Discuss any six economic problems hindering industrial development in the third world
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Discuss any six economic problems hindering industrial development in the third world
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June 14, 2019
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Examine any five challenges facing industrialization in India
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June 14, 2019
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State any five sociopolitical factors that led to the industrialization of India
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June 14, 2019
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Identify any six economic factors that led to the industrialization of India
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Identify any six economic factors that led to the industrialization of India
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June 14, 2019
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June 14, 2019
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Highlight any six challenges to industrialization in Brazil
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Highlight any six challenges to industrialization in Brazil
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June 14, 2019
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Briefly explain the sociopolitical factors that contributed to industrialization in Brazil
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June 14, 2019
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Examine the economic factors that contributed to industrialization in Brazil
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June 14, 2019
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June 14, 2019
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June 14, 2019
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June 14, 2019
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State and explain the sociopolitical factors that led to the development of Germany as an industrial power
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June 14, 2019
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Examine any five economic factors that led to the development of Germany as an industrial power
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Examine any five economic factors that led to the development of Germany as an industrial power
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June 14, 2019
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June 14, 2019
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Highlight the economic factors that facilitated the emergence of the united states of America as a world power
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June 14, 2019
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June 14, 2019
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June 14, 2019
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