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What type of economy does the Democratic Republic of Congo have?

What type of economy does the Democratic Republic of Congo have?

DRC has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation.

What are the main exports of the Democratic Republic of Congo?

Economy of the Democratic Republic of the Congo

Statistics
Exports $8.872 billion (2012 est.)
Export goods gold, diamonds, copper, cobalt, coltan, zinc, tin, tungsten, crude oil, wood products, coffee
Main export partners China 53.4% Zambia 24.5% Belgium 5.6% United Kingdom 4.4% (2012 est.)
Imports $8.187 billion (2012 est.)

What is the capital city of Congo?

KinshasaDemocratic Republic of the Congo / Capital
Once it was Kin la Belle (beautiful Kinshasa) but today it is a monster of a city, home to 12-million-plus people on the banks of the mighty Congo River.

Why is the Democratic Republic of Congo so poor?

Poverty in Congo is vast and covers all areas of the country. This is mostly because the civil war displaced over one-third of the population. The return of natives to a weakened Congo led to many facing poverty and disease from poor infrastructure and government.

Which is the largest tribe of Congo?

The 4 largest tribes in the Congo are the Mongo, Luba, Kongo, and Mangbetu-Azonde. Approximately 700 local languages and dialects are spoken in the Congo. The majority of Congolese speak one of the following languages: Kikongo, Lingala, Tshiluba, Swahili, and French.

Why Democratic Republic of Congo is poor country?

Instability. Instability from years of wars and political upheaval is one of the most significant causes of poverty in the DRC, while poverty and youth unemployment has ignited conflicts. The precious metals mined in the Congo are used in the manufacturing of smartphones, lightbulbs, computers, and jewelry.

What is the main source of economy in Congo?

Domestic agriculture is the main source of food and income for the majority of the population. Agriculture, animal husbandry, fishing, and forestry combined provide employment for more than three-fourths of the labour force and, on average, account for more than two-fifths of GDP.

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