Question
The questions are based on the chapter of Fair Share for all in Economics. 1. According to the World Bank, South Africa is the most
The questions are based on the chapter of Fair Share for all in Economics.
1. According to the World Bank, South Africa is the most unequal society in the World.
What causes inequality in South Africa? Please list and explain
2. According to Arthur Lewis what are the two ways of managing/eliminating extremes of
income. Name and briefly explain the two ways and provide recent examples from the
South African economy
3. Explain briefly the state of poverty in South Africa. Provide the following: definition of poverty,causes of poverty and how poverty can be managed in South Africa
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