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Identify two ways in which poverty is an obstacle to industrialization in the Third World countries

Identify two ways in which poverty is an obstacle to industrialization in the Third World countries.

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John
1. Wars caused by competition for scarce natural resources

2. Poor transport and communication

3. Disease outbreaks e.g. HIV and AIDS taking toll of dependable work force

4. Lack of capital to invest in industrialisation

5. Low purchasing power thus lack of markets for industrial products
johnmulu answered the question on February 1, 2017 at 13:41

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