Answer:
Please read below:
Step-by-step explanation:
The effect size and shape of Ethiopia on the economy can vary depending on the sector or industry being studied. Overall, Ethiopia is a low-income country, with a GDP of US$ 66.1 billion in 2019. The country has a high rate of poverty, with 36.2% of the population living below the poverty line.
This has an effect on the economy, as there are fewer resources available for investment and development. The agricultural sector is the backbone of the economy, accounting for 43.7% of GDP. Ethiopia has experienced strong growth in recent years, with GDP increasing by 7.5% in 2018 and 7.9% in 2019.
This has helped to create more jobs and reduce poverty. However, the country still faces several development challenges, such as infrastructure and education. The government is working to address these issues, but progress is slow.