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What is South Africa economy based on?

Updated: 8/21/2019
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Q: What is South Africa economy based on?
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Related questions

Is South Africa a market or government economy?

South Africa has a market economy.


Who has the larger economy South Africa or Zambia?

South Africa has a far larger economy.


Which countries has the largest economy South Africa or Zambia?

South Africa has a far larger economy


Who has the largest economy between South Africa and Zambia?

South Africa


Who has the largest Economy between South Africa or Zambia?

South Africa


Was it the north or south who had an industrial economy?

The north had an industrial based economy. The south had an agricultural based economy.


What type of economic systems do South Africa and Nigeria have?

South Africa - Traditional economy Nigeria - Mixed economy


What has the most developed economy in Africa?

South Africa


How was the. Economy of the south different from the economy of the north?

The south's economy was based largely on growing cotton. The north's economy was based on industry.


How does South Africa practice socialism?

It doesn't. South Africa has a capitalist economy.


Which country has the best economy in Africa?

South Africa by far.


Biggest economy in Africa?

The biggest economy in Africa is undoubtly the Republic of South Africa (South Africa) The South African GDP was $467.6 billion in the year 2007 and the global rank of South Africa was 27th. Egypt's GDP in 2007 was $431.9 billion and Egypt's global rank was 29. Egypt got the second biggest economy in Africa.