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Summary of Kenya's Economy

Kenya’s economy is quite diverse. Even though Kenya is one of the fastest growing countries in Africa, its economy has not developed much recently. Agriculture is its largest mean of revenue. Kenya exports several different kinds of produce, and in return receives machinery and equipment. Unemployment is very common because of the slow economy. Even though Kenya’s economy has been slow, it still serves as a trade country today.

Historically, Kenya’s economy has been based on farming, herding, hunting, and trade. But when Britain took over Kenya, a world capitalist economy was introduced. The economy then became based upon the export of agricultural products. European farmers settled in Kenya because of the fertile soil. Their presence boosted the economy. From the ear

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Approximate Word count = 539
Approximate Pages = 2 (250 words per page double spaced)

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