A QUESTION THREE South Africa's government imposed a statewide lockdown during the COVID era, which halted all business operations. With or without pay, workers were asked to stay at their houses. Only a few crucial employees were permitted to report for duty. The economy of South Africa is negatively impacted by this. As a result of a national lockdown and other restrictions on non-essential business operations, there are forced production reductions household demand for goods and services is affected (for example, tourism due to travel and movement restrictions), global production and supply chains are disrupted, which has an impact on South African exports, and business investment is affected by uncertainty. These difficulties had a direct effect that throughout the entire economy. Reduced activity in one industry has negative effects on both its suppliers, who suffer lower demand, and its consumers, who experience supply interruptions. As a result, the economy is affected by the shock. After COVID was declared to be terminated in August 2022, the economy began to recover from its losses. Recent taxi driver strikes prohibited buses (My Citi, Golden Arrow, and Sibange) from carrying passengers to their various destinations, bringing the City of Cape Town to a complete halt. The taxi organisation was protesting the National Land Transport Act's implementation and the impoundment of infractions, according to city of Cape Town officials. Five Golden Arrow buses and a large number of individual private vehicles were set on fire during the demonstration. The majority of businesses were closed, and workers did not report to work. Undoubtedly, all economic activity stopped. Based on the scenario above, explain the economic impact on the South African economy, specifically in Cape Town, basing your argument on the following: a) Drivers b) Households c) Firms MacBook Air