ECONOMIC ASPECTS
• The Congo followed a capitalistic model
• Initation haited and government debts were kept low
• Congo's natural resources attracted foreign investments
Mobuto but a steel mill in Leopoldville a dam and a long-distance powerline
from Inga to Katanga
Mobuto then nationalised the country's copper mining industry
He introduced Zaireanization-replacing skilled foreigners with unskilled locals
He nationalised over 2000 foreign companies without compensation
He appointed his own political ailies and family members in control of these
companies
The Congo struggled to develop its economy
Businesses collapsed because of poor management, comuption and
maladministration
Comption became fe
. Zaire became a kleptocracy
. Gap between rich and poor widened
The country's economy collapsed - Mobuto implementedomson
of foreign owners
. Few foreigners returned and Zaire became dependent on for and
investments
. Any other relevant response
Candidates should be up t
argument with a selevant conclusion
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