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lesya692 [45]
3 years ago
8

Pls help!!!!

History
2 answers:
Scrat [10]3 years ago
7 0

Answer:

Africa- Socialism

Explanation:

thx for points

Ronch [10]3 years ago
7 0

Answer:

While West and East Africa Kingdoms grew political power from the wealth provided by trade, the political relationships in Inland Africa grew out of kin-based networks where families would govern themselves.

The political structure in the Kingdoms of Inland Africa didn't centralize the power under a single authority. Instead, every city-state had kin-based networks with a male chief who would mediate in social conflicts and represent his network in front of other groups.

Explanation:

It is perceived that economic nationalism has slowed the meteoric rise of global trade. Since the Uruguay Round created the World Trade Organization (WTO) in 1995, trade of goods and services has become a dominant feature in global economic growth. As a result, hundreds of millions of people in developing countries have graduated from subsistence living to middle-class status. The accession of China into the World Trade Organization in 2001 accelerated both the volume and character of global trade. By 2008, Global Value Chains (GVCs) have come to explain up to 70% of global trade volumes. GVCs optimize comparative advantage across borders and have enabled innovation in trade logistics and services technologies, in addition to a general WTO commitment by member states to facilitate trade.

However, the renegotiation of liberal free trade agreements, such as Brexit and the reconsideration of NAFTA, and the concomitant shift of manufacturing jobs (on-shoring) back into developed economies have accelerated. In the latest WTO Report on G20 Trade Practices, $481 billion in new import restrictive measures were imposed by G20 members in 2018.2 This is the largest increase of such measures ever recorded by the WTO and six times larger than last year’s. Also, according to the World Bank, the growth in GVC’s has stalled. The WTO appears unable to broker more ambitious global agreements among member states, and there is a perceptible decline in confidence in the organization’s ability to evolve the rules-based global trading system.

The question of Africa’s ability to adapt to these shifting trends in trade must be analyzed in light of its participation in the global economy and its ability to adopt the tools to become more competitive in a world of rapidly evolving technology and supply chains. It should be noted that this analysis will concentrate on sub-Saharan Africa (SSA) and will disaggregate data accordingly, whenever possible. Africa has enormous diversity amongst its 54 nations and even among its regions. This chapter will examine the political economy of Africa’s trade and identify constraints and opportunities that will define its future, including the adoption of artificial intelligence.

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