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
If my my history teacher said what centery we live in what sould i tell her
Radda [10]
The centery where we go off of technology.
3 0
3 years ago
Read 2 more answers
What was the main form of religion in Mecca before Muhammad and his followers took control of the city?
STALIN [3.7K]
It’s D because they worship to various gods
6 0
3 years ago
What impact did Lyndon B Johnson’s Great Society have on the USA?
rodikova [14]

Answer: Federal funds were sent to struggling communities to attack unemployment and illiteracy. As he campaigned in 1964, Johnson declared a "war on poverty." He challenged Americans to build a "Great Society" that eliminated the troubles of the poor.

Explanation:

6 0
3 years ago
In Common Sense, what does Thomas Paine say in response to the argument that the colonies have done well under the control of Br
fgiga [73]
Answer;
In response to the argument that the colonies have done well under the control of Britain, He argue that they could have done better on their own. 

Additionally, in response to the argument that the British have protected the colonies, he argues that they did not do it on the colonists account but on their own account. Because the colonies were young and united, Thomas Paine said that the time of independence is now. 
8 0
3 years ago
Read 2 more answers
How does history portray caesar?
ipn [44]
Caesar was a great military leader, and was known for his bravery in combat.
Hope this helps!!!:)
6 0
3 years ago
Other questions:
  • Write a paragraph explaining the effects of the end of World War I On the U.S. economy
    6·1 answer
  • Guys, I know this is not homework related and I am aware so please do not report Please I am begging you I am doing a google cla
    6·1 answer
  • Pick three monarchs, identify the country they ruled and list two accomplishments of each: Peter the Great, Ivan the Terrible, C
    5·1 answer
  • Will give 1 brainliest answer?
    11·1 answer
  • Which of the following describes trade in the Late Middle Ages compared to the Early Middle Ages?
    6·2 answers
  • Why did the Kennedy administration begin to act after Project C in Birmingham, Alabama?
    12·1 answer
  • Who was president during the Spanish-American War?
    12·1 answer
  • Why do people like legends?
    5·1 answer
  • Saint Patrick
    9·2 answers
  • How did the Aztecs manage time?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!