The world market enables African elites to consume products of western civilization without having to initiate the difficult and long-term process of constructing the productive base of their societies. ... Due to imported ideas of trade, the development of the use of a standardized common currency has limited barter exchange and subsistence trade (primary components of pre-colonial African economies) within African societies. ... Integration into a global market has changed the manner of trade and the economic systems of African societies themselves. ... Innumerable social, political and eco...

• Word Count: 917
• Approx Pages: 4
• Grade Level: Graduate

The world market enables African elites to consume products of western civilization without having to initiate the difficult and long-term process of constructing the productive base of their societies. ... Due to imported ideas of trade, the development of the use of a standardized common currency has limited barter exchange and subsistence trade (primary components of pre-colonial African economies) within African societies. ... Integration into a global market has changed the manner of trade and the economic systems of African societies themselves. ... Innumerable social, political and eco...

• Word Count: 917
• Approx Pages: 4
• Grade Level: Graduate

Against this background, the past year has seen some progress in rebuilding global confidence, so recovery looks more assured today than it did just one year ago. ... It influences investment decisions and the organization of production and plays a key role in the ways in which societies distribute the benefits and bear the costs of development strategies and policies. ...

• Word Count: 4162
• Approx Pages: 17
• Has Bibliography
• Grade Level: Graduate