Explain whether growth with equity was relatively more successful than other theories of development in explaining why some" Third World " countries developed whilst others did not. Please provide questions for the statement so I can tackle it.
Colonialists left a long-term negative impact on Africa. In Africa, colonialism has left a political legacy. African states today are modeled after western governments, and their political structures are likewise inherited from colonial powers. As a result, today's African leaders are dictatorial, rent-seeking, corrupted, and hostile to rival opposition parties. As a result, the democratic process in Africa continues to be tough. The economic realm is not exempt from this rule. Colonial nations efficiently exploited the continent's riches. Aside from that, they shifted agriculture to the cultivation of primary and cash crops. As a result, Africa's inclusion into the globalized capitalist system, which involves exchanging inferior products and raw materials for western manufactured goods, frequently results in uneven economic transactions. Colonial financial practices jeopardized the continent's economic future. To comprehend the current and anticipate African governments' future political and economic conditions, the historical foundation built by colonialism should be taken into account.
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