African Entrepreneurship Chronicles: Rise of a Hohenzollern Prince
Chapter 1121

Titanic

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All in all, small farmers lacked the capital to get started, and the larger the investment, the greater the risk. Ordinary people simply could not bear such risks. Therefore, early East African agriculture could only gather them together and implement a form of large-scale farming similar to that of Europe and America.

Of course, the quality of life for farmers under East African rule could only be called passable. Against the backdrop of accelerating urbanization, in order to supply labor to the cities, even if rural areas had the conditions to live better, the East African government would rack its brains to compress those conditions and widen the differences between urban and rural life.

For a country that had not completed industrialization, if its population did not flow into the cities, its industrialization process would inevitably become much more difficult. France was one typical example. It not only affected population growth, but also left its cities relatively short of labor, causing it to lose its ability to compete with German industry.

Of course, France faced many problems. For example, after regions such as Lorraine were ceded to Germany, it lost its domestic supply of cheap iron ore, causing industrial development costs to rise sharply, and so on.

Thus, industrialization was an exceptionally complex process of social transformation, requiring adjustments suited to industrialization in many fields. East Africa spent a considerable amount of time feeling its way along this road before gradually forming the situation it had today.

Atlantic Ocean.

The North Atlantic was an area East African vessels rarely ventured into. On the immensely prosperous North Atlantic routes, American and British shipping companies had nearly monopolized most of the business.

Moreover, East Africa itself had limited shipping capacity and placed greater importance on maritime trade with Europe, the Far

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