Answer: mark me as brainllist
While the rest of the world's economy grew at an annual rate of close to 2 percent from 1960 to 2002, growth performance in Africa has been dismal. From 1974 through the mid-1990s, growth was negative, reaching negative 1.5 percent in 1990-4. As a consequence, hundreds of millions of African citizens have become poor: one half of the African continent lives below the poverty line. In sub-Saharan Africa, per capita GDP is now less than it was in 1974, having declined over 11 percent. In 1970, one in ten poor citizens in the world lived in Africa; by 2000, the number was closer to one in two. That trend translates into 360 million poor Africans in 2000, compared to 140 million in 1975.
In The Economic Tragedy of the XXth Century: Growth in Africa (NBER Working Paper No. 9865), authors Elsa Artadi and Xavier Sala-i-Martin review both the deteriorating economic status of the African continent and the ways in which rich nations, as well as the African nations themselves, might help the poor nations of the continent.
Using the robust econometric determinants of economic growth in a cross-section of countries, the authors pinpoint the most important factors behind the tragedy. The first culprit has been the lack of investment. Over the past 40 years the investment rate in Africa has fallen. Since 1975 the investment rate has declined to 8.5 percent for the whole continent, compared to investment rates for the average-performing OECD economy of between 20 and 25 percent, and for East-Asian economies of 30 percent. Furthermore, most of the investment was skewed in the direction of the inefficient public sector. Recent reforms in Africa have raised the investment rate, but only slightly.Explanation:
Answer:
In the European race to colonial dominance, the Treaty of Tordesillas legitimized Spain’s holdings in the New World, indicating Spanish primacy over Portugal.The successes of Columbus ushered in an era of Spanish conquest that led numerous other European explorers to attempt similar colonization projects.Spain gained immense wealth from this expansionism, which translated into an influx of Spanish art and cultural capital.
Summary: They wanted political power because if you had an empire big enough you would have more power and control and they wanted to spread Catholicism and gain favor with the pope.
Explanation:
Hopefully this helps you
pls mark brainlest
Answer:
A few people shared his beleif, but no one ever tested it.
Explanation:
~~
Settlers were constantly taking more land than either they agreed for, or just what didnt belong to them, the Indians would fight back and lose in the end, they would shrink back and find more land, there would be peace for a little while, and then settlers would keep wanting more land
