Question

The economies of many African countries are not developed in spite of having huge deposits of natural resources. Give reasons

Answer 1

Answer:

The reason for the resources not being utilized in African countries could be the lack of capital or lack of technology. They could be potential resources and can also be stock.    

Answer 2

The economies of many African countries are not developed in spite of having huge deposits of natural resources because:

• Growth and economic development are vital factors for the welfare of any nation. The colonialism of the modern era has strongly affected the economy of African countries.
• The difference between the upper and lower class people has always been the most common abate. The people of backward areas are always deprived of their requirements such as food, supply of pure water, good healthcare, etc.