He wants to open a chain of restaurants by introducing travel and air restaurant to SA. He has the opportunity to by into a successful restaurant chain that has managed to survive COVID and all stores are open and boasting a % market growth. But the cost is R 5 million My friend is confused and seeks guidance to make the right choice.

what are economic systems?

Identify and discuss economic system that my friend will find himself operating in should it open for operations in SA/ How does this compare and contrast with the other economic systems.