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FACTORS THAT MILITATED AGAINST THE DEVELOPMENT OF COMMERCE IN WEST AFRICA — Commerce Keypoint

FACTORS THAT MILITATED AGAINST THE DEVELOPMENT OF COMMERCE IN WEST AFRICA

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The development of commercial activities in West African countries was delayed as a result of the following factors.

  1. Inadequate provision of capital
  2. Low savings by both the government and V individuals.
  3. Inadequate infrastructural facilities. 
  4. Poor transportation and communication network.
  5. Political instability. 
  6. Low demand for goods and services.
Others are Viewing:
  1. FACTORS THAT LED TO THE GROWTH OF COMMERCE
  2. SCOPE OF COMMERCE
  3. IMPORTANCE/FUNCTIONS OF COMMERCE

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