1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex17521 [72]
2 years ago
9

What do you think caused the decline of Africa? In your opinion, what is the best way forward for humanity?

History
1 answer:
Murljashka [212]2 years ago
8 0

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:

You might be interested in
the supreme court decisions inn the griswold v. connecticut and roe v. wade were based on principle of the right to
Scrat [10]

The Supreme Court decisions in Griswold v. Connecticut and Roe v. Wade were based on the principle of the right to free speech.


5 0
2 years ago
Which were byproducts of the Second Industrial Revolution? Select all that apply.
Rzqust [24]

railroads, rubber, processed foods, boats, textile, steel, coal, dupont. Gustavos swift, armour, sleeping car, electricity, indoor plumbing

5 0
3 years ago
During the revolutionary war loyalists and patriots most disagreed about wether
ycow [4]

Answer:

Patriots were against the taxation system imposed on all colonies by Britain and claimed their representation within the British parliament. Conversely, loyalists believed in the strength of a unified empire and insisted that independence from Britain would have led to great economic losses and military insecurity.

Explanation:

6 0
3 years ago
Read 2 more answers
What is the best explanation for why the federal government instituted the 13th, 14th, and 15th Amendments to the Constitution?
Molodets [167]

Answer:

. The Emancipation Proclamation prevented freed slaves from having the same civil rights as others. Please select the best answer from the choices provided A B C D

7 0
3 years ago
When the country’s GDP falls, the economy experiences a __________. A. peak B. trough C. recovery D. recession
s344n2d4d5 [400]
When a country's GDP falls, the economy is said to be shrinking and therefore is entering into a recession. A recession is a decline in the economic output of a country and this is traditionally measured by GDP percentage growth or contraction. 
4 0
3 years ago
Read 2 more answers
Other questions:
  • Mercantilism is an economic theory that includes a belief that all the wealth in the world is
    14·1 answer
  • Ease help I forget to do it please
    11·1 answer
  • What’s the difference between value and utility
    10·1 answer
  • Under the Treaty of Versailles, to whom did the Allies give Chinese territories to that had previously been controlled by German
    9·1 answer
  • Compare and contrast the union and confederacy
    12·1 answer
  • Can someone help? I don’t think my answers are right. I will mark brainliest!!!!
    8·1 answer
  • In which city-state did the renaissance begin
    13·2 answers
  • Someone who knows this?
    9·2 answers
  • Which of the following describes the idea of "social contract"?
    8·2 answers
  • When the Persians ruled the Fertile Crescent, the Hebrews were permitted _____ .
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!