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Explain the citizens' impact of education on earnings and unemployment rates in South Africa. Provide percentage rates for each of the following education completion levels:

  1. Explain the citizens' impact of education on earnings and unemployment rates in South Africa. Provide percentage rates for each of the following education completion levels:
  • did not complete high school
  • high school graduates
  • college graduates (associate degree or bachelor's degree)
  • graduate degree (master's degree or doctorate)?

2. What is the current unemployment rate, and what are the causes of unemployment in South Africa?

3. Please discuss how changes in income affect consumer choices in this country.

  • What types of changes would make a consumer decide to buy or not buy a product?

4. What impact has a disastrous event (global pandemic, recession, etc..) had on consumer choices and the country's economy? please Include citations.

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