Explain six challenges facing industrialization in the third world countries.

      

Explain six challenges facing industrialization in the third world countries.

  

Answers


gideon
? Poor transport and communication.
? Lack of adequate capital.
? Low literacy levels.
? Poor technology required in manufacture of goods.
? Long period of colonization that shaped third world countries to be suppliers of raw materials and
market for industrial goods.
? Stiff competition from industrialized nations.
? Protectionist policies adapted by developing countries.
? Poverty hence low purchasing power from the people.
? Political instability in third world countries.
? Poor disaster management strategies in third world countries. e.g droughts, floods etc
gideon1 answered the question on September 28, 2017 at 15:21


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