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African economy - Coggle Diagram
African economy
the main activity is agriculture
there are two types
subsistence farming
huge fields
multinational companies
export crops,
use modern machines and methods
commercial farming
small fields
owned by single families
using traditional tool and methods
Industry is not developed
except mining industry
because Africa is rich of minerals and raw materials
PROFITS
no to local people
but European, American and Chinese companies
services and infrastructures are still few
communications are insufficient
South Africa has abundant and developed industries and infrastructures
while Mediterranean countries have tourism
Africa is the poorest continent on planet
and most African countries have a low income level