0
How would the selling of illegal goods affect the economy of SA?
Wiki User
∙ 15y ago
the buyers and sellers of illegal goods do not pay taxes and so the government loses revenue and is less able to provide for things like education, health, housing etc. another factor is the fact that legal businesses lose market share which means they lose revenue and this may lead to job losses. unemployed people may resort to crime and you have the beginning of a viscious circle.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What does the economy in Paraguay consist of?
re-selling imported consumer goods
Why should Irish people buy Irish goods?
It is good for the Irish economy. It helps to keep jobs in the companies selling those goods.
What are two examples of the power of the boycott?
By boycotting goods, it hurts the company/countries trade as they do not profit from selling goods, therefore hurting their economy.
What is the Role of the households in the economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
Who decides what goods and services will be produced in a market economy?
In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.
How did high tariff affect economy?
Factories and industries could make more money on their goods.
How does transportation system affect the economy?
When transportation became better, it was easier and faster to transport goods
How did the consumer economy of the 1920's affect the lives of women?
To buy goods on credit means to
When was the wheel invented and how did it affect the Mesopotamian economy?
To help transport people and goods from place to place. I don't know how it affected the economy but I hope this helps.
What is the role of households in a free market economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
What Is Homophone of selling of goods?
The homophone of "selling of goods" is "celling of goods."
How do increase in consumer spending affect the economy?
With an increase in consumer spending, there will be an increase in demand for goods/services, and therefore an increase in production, which drives the economy up.
