Outline eight negative effects of the introduction of the money economy on Africans in Kenya

cre questions with answers

negative effects of the introduction of the money economy on Africans in Kenya

  1.  This led to individualization/ unwillingness to share resources
  2. Many children and wives are viewed as ability not wealth 
  3. Communal ownership of land( as a unifying factor) is no longer respected/ people use family land to make money
  4. Dowry has been commercialized
  5.   Human labor has become a commodity to be sold replacing traditional communal work
  6. Has led to creation of social classes- rich and poor
  7. Cost of living has risen because everything is acquired through money 
  8. There is unfair competition for prices of goods or services between local and multi- national enterprises
  9. There is dependence on foreign aid, which has undermined the virtue of hard work to earn a living
  10. There is a struggle to acquire wealth to which has undermined people’s commitment to worship my God
  11. There is power struggle to acquire a protect wealth
  12. Led to decline in subsistence family creative shortage of food stuffs