Identify the economic challenges that have faced Democratic Republic of Congo since independence

      

Identify the economic challenges that have faced Democratic Republic of Congo since independence.

  

Answers


John
1. Massive printing of currency

2. Closure of the sea route of Benguela

3. Mass unemployment, poverty and despair among citizens

4. Smuggling and corruption in the government

5. Lack of trade policies occasioned by black market trade

6. Trade imbalance between Zaire and her partners

7. Misappropriation of donor funds by the government

8. Falling income from minerals hence unable to service her loan

9. Debt burden repayed to France and Belgium

10. Her resource have been exploited by multinationals who siphon the profits back home
johnmulu answered the question on February 6, 2017 at 13:41


Next: What are the disadvantages of open field system of farming in western Europe?
Previous: What factors led to the decline of Asante empire?

View More History and Government Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions