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Who possesses the factors of production in south Africa economy?
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Who owns the factors of production in a traditional economy?
The question is nonsensical. The factors of production require the existence of a consistent production, but this does not exist in a traditional economic system. All things that are produced are produced using common materials that are available to all and items are only created when they are necessary - not when a factory owner chooses to produce.
Who possesses the factors of production in South Africa?
Both the government and private owners makes economic decisions because the government has control over certain important industries, such as Eskom, while private owners control other important industries.
Economic growth in South Africa?
economic growth is the annual rate of increase in total production or income in the economy
What was the Production Budget for Out of Africa?
The Production Budget for Out of Africa was $31,000,000.
Is South Africa a market or government economy?
South Africa has a market economy.
What is a major problem with Africa having an export economy?
It makes the economy of Africa less stable.
What factors describe the economic situation in Sub-Saharan Africa?
Poverty, crime, lack of economic diversity, and refugee population are some of the factors that describe the sub-Saharan Africa region. A weak governing system is also a main contributor to the economy.
What factors describe the economic situation in Sub Saharan Africa?
Poverty, crime, lack of economic diversity, and refugee population are some of the factors that describe the sub-Saharan Africa region. A weak governing system is also a main contributor to the economy.
Who has the larger economy South Africa or Zambia?
South Africa has a far larger economy.
What was the Production Budget for I Dreamed of Africa?
The Production Budget for I Dreamed of Africa was $34,000,000.
What was the Production Budget for Nowhere in Africa?
The Production Budget for Nowhere in Africa was $6,500,000.
What type of economy does South Africa have?
Whoever put "apples", why? This person asked a question and expects a REAL answer. You are just being rude. If you don't put in a real answer, why bother answering at all? As for the answer, South Africa has a traditional economy. At least, that's what Wikipedia says. Hope it helps! And sorry for "apples". Seriously, why would someone do that? [This was edited by WriterGirl15 for punctuation and spelling. Answer and 'apple' comments came from somebody else.]
