Answer the following in not more than 150 words.
Africa has immense natural resources and yet it is industrially the most backward continent. Comment.
Africa has immense natural resources and yet it is industrially the most backward continent because of following reasons.
*The continent Africa lack good institutions and schools and all people are not well educated and have not proper knowledge of natural resources utilization.
*There is lack of human resources.
*Frequent civil wars take place in Africa which leads to loss of resources and it also cause mass scale corruption in the government and hinders the growth of country.
*Foreign rule over African countries and use their resources for their own benefits rather than developing industries.
*There is lack of technology. The exploration and extraction of natural resources could not be possible without technology.
*Africa has indigenous and numerous resources but it is poorly distributed among people and states in those countries. Wealth distribution is an issue which make it industrially backward and poor country.