lack of education of the larger percent of the worforce means that reources will not be utilised properly and the labour force lacks understanding of what sustainable tourism is. they work like robots and are not innovative .
South Africa's economy is subtlely deteriorating. Although the country is well-known for its gold, it's economy may not be enough to hold it up in the Global Financial Crisis and other similar events.
Tourism plays a big role towards economic growth of South Africa because tourists come view these animals in the exchange of money hence growing the economy.
economic growth is the annual rate of increase in total production or income in the economy
Geography can have a big affect on economic growth. For example, in Africa, many countries (such as the Democratic Republic of the Congo) are landlocked and can therefore only trade with their immediate neighbors.
Africa
trade to developed countries
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
South America depends on tourism to help stimulate its economic growth. It helps builds jobs and holds the opportunity for even more growth.
The main purpose of tourism is to support economic growth.
Why economic growth has been slow in past three decades in south africa?
economic growth is the annual rate of increase in total production or income in the economy
what could ordinary people do in their daily lives to promote economic growth and prosperity in south africa
devastation
Tourism is important to Philippines as it plays a major role in the economic growth of the country. This also provides different jobs for the Filipinos.
the more sex they have the moreee
2%
Agriculture is the main. they also developed important mining industries. Tourism is great hope for future economic growth.
look at financial institutions contribution towards economic growth example; loans to fund venture capital
Provides economic stimulation for local businesses thus contributing to employment, local business development and growth.