Ways in which Uganda is economically dependent
- Trade dependence. Uganda heavily relies on international trade in terms of imports and exports for her survival.
- Direct economic dependence. Uganda’s political and economic decisions are heavily influenced by foreign institutions like World Bank and developed countries.
- External resource dependence. Uganda heavily relies on foreign aid in terms of foreign capital, grants and skilled man power for her growth and development.
- Sectoral dependence. Uganda heavily relies on the agricultural sector for growth and development as compared to other sectors.
- Social-Cultural dependence. Uganda is greatly influenced by the western cultures.
CATEGORIES Economics
TAGS Dr. Bbosa Science