What factor accounts for the slow rate of industrial development in Tropical Africa?

Assessment: WAEC SSCE - Geography - 2013 (Objective) Subject: Geography

Question 1 Report

What factor accounts for the slow rate of industrial development in Tropical Africa?
Answer Details
One of the factors that account for the slow rate of industrial development in Tropical Africa is the inadequate capital. Capital is the money and resources needed to start and sustain a business, and without it, industrial development cannot happen at a significant pace. Inadequate capital can prevent businesses from investing in modern equipment and technology, hiring skilled labor, and expanding their operations. Furthermore, inadequate capital can also prevent businesses from accessing the resources they need to grow, such as loans and investment capital. Thus, without adequate capital, the growth and development of industries in Tropical Africa can be significantly hindered.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning