Britain and France had ruled the different counties of West Africa during the colonial era the different nations were more or less forced to specialized in the production of the raw materials needed by the industries in Britain and France. Industrialization was least pursued . after these counties had regained political independence they continued to produce mainly these raw materials, may be because of structural difficulties involved in switching production to new lines, despite the fact that the fluctuating demand for these products have persistently
led to fluctuations in prices of the products. This very much has affected the income earning power of the different countries . In order to ameliorate the situation one would suggest that the economics should be restructured in such a way that what is produced is what best helps us to improve our income earning power
References
L.C Ezeaku (1997) Positive Discussions in Economic Uruowulu
Obosi, Pacific College Press Ltd
Black J. (1997) Oxford Dictionary of Economics . Oxford : Oxford
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Report of the Conference of FAO 4th Session. Washington D.C,
November 1984
A.G Frank, “ The Development of Underdevelopment”
Development. Hooool comesta??? Critical Concepts in the Social Sciences (2005)
Underdevelopment of Countries. World Problems Issue Online
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