Post
Topic
Board Economics
Re: Why developing countries should add value to what they produce.
by
CryptopreneurBrainboss
on 09/08/2025, 22:15:34 UTC
Africa a continent full of natural and mineral resources has been known only to be exporting raw minerals resources into the rest of the world without adding value to what they produce and so they buy what they give out cheap to the rest of the world in a costly price because when it gets back to Africa what they give out unrefined without thinking about adding value to what they produce becomes ten times the amount of what they sold it

Hardwork beats talent when there's no efforts from the talent to develop what they have. The western world knows they don't have the raw material and the only way of getting it is by finding out how to refine it and that's why they aren't ready to teach the developing world how they refine the raw material. They prefer to buy the raw materials and refine it themselves. The refining process aren't that easy and for those that try to act independent, they get outcasted. We can try to do things on our own but we still need the western world because they're the producers of all the machines being used for the mining and refining process. It isn't a fair world but we have to look for means to get a higher share of the pie and not acting like cowards.