Explain the Lack of Development Throughout Most of Sub-Saharan Africa

question 65

Essay

Explain the lack of development throughout most of sub-Saharan Africa and what has been viewed as successes.

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Definitions:

Disposable Income

Households' financial resources for expenditure and savings following income tax deductions.

Savings

Money set aside for future use rather than spent immediately.

Savings

The portion of income not spent on current consumption or taxes, instead set aside for future use or investment.

Disposable Income

The money households have for spending and saving after subtracting income taxes.