Problems of Economic Development of the Federation of Rhodesia And Nyasaland
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Like the rest of tropical Africa, the Federation of Rhodesia and Nyasaland is grappling with the fundamental economic problem of transforming rapidly and effectively the traditional subsistence economy—of which agriculture is the mainstay—into a modern exchange economy. This transformation process constitutes the basic characteristic of economic development in the greater part of Africa.
KeywordsEconomic Development National Income Development Problem Real Term Capital Inflow
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