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November 20, 2022

Export of South Africa and Income Inequality

Export of South Africa and Income Inequality Questions

QUESTION 1 What is the leading export of South Africa?

A. Gold

B. Electronics

C. Platinum

D. Diamonds

QUESTION 2 Which of the following statements accurately describes the South African economy since the end of apartheid?

A. Declining per-capita incomes with increasing income inequality

B. Rising per-capita incomes with increasing income inequality

C. Rising per-capita incomes with decreasing income inequality

D. Declining per-capita incomes with decreasing income inequality

QUESTION 3 Which policy approach was adopted by South African to manage the transition of the post-apartheid economy?

A. Tokyo Treatise

B. Warsaw Convention

C. Washington Consensus

D. Bourne Ultimatum

QUESTION 4 Which of the following problems continues to restrict growth in the South African economy?

A. Unequal educational and employment opportunities

B. Slow or limited progress on land reforms

C. High levels of crimes against personal and business property

D. All of the above

QUESTION 5 Based on the information presented in Table 17.5, which group experienced declining income inequality from 2000 to 2008?

A. Urban residents

B. Black/African people

C. Asian/Indian people

D. Rural residents

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