Why do people think that the poorest countries have the lowest manufacturing costs?
you confused me with the word manufacturing here, im talking of farming...
I assumed that people in africa work for much cheaper, rather than use machinery and other expensive equipment they put more (cheap) man hours into farming, so what you end up with is a product that mostly just needed inexpensive labour to produce, whereas a farmer in britian would need to make an income of at least 10,000 to have a decent lifestyle and make it worthwhile (most minimum wage factory jobs would pay equivelent for probably less work...) whereas i hear regularly of africans living on a dollar a day or just a few dollars a day, so even just say 3,000 a year would be a good income for an african farmer....
I always thought the foriegn goods (as in farm goods) were cheaper than african just because of tarrifs and subsidies, or am i wrong on this...
I suppose the equipment used in more mordern countries could make thier farms more productive and thus need less profit of each crop/animal.. i suppose transport costs as there is a less rich domestic market as well ?
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