Examine the factors affecting the development of industrial sector in your country.
- Low level of technology. Most industries in the country employ poor methods of production, mostly labour intensive that limits the capacity of production.
- Limited market both local and international.
- Stiff completion from cheap foreign products.
- Limited skilled manpower
- Poor infrastructures such as unstable electricity and transport network.
- Limited capital
- Unstable/ limited supply of raw materials that are influenced by climate changes
- Political instabilities in some parts of the country discourage investment.
- Political interference in management of private sector.
- Limited entrepreneurial skills
- Labour unrest/strikes
CATEGORIES Economics
TAGS Dr. Bbosa Science
