African economies refer to the systems of production, distribution, and consumption of goods and services within African countries.
Related terms
Cash crops: Agricultural products grown primarily for export rather than local consumption, such as cotton or rubber.
Economic exploitation: The act of unfairly using resources or labor from one region for the benefit of another, often resulting in economic inequality.
Dependency theory: A theory that argues that underdevelopment in certain regions is caused by their dependence on more developed nations for trade and resources.