answersLogoWhite

0


Best Answer

the higher unemployent is the low income for who those have no job,less income creat less spending in economy,less spending cause the low production and low profitableat the firm,the low profrit can make firm do shut down then they craeted more unemployement agian

User Avatar

Madisyn Hayes

Lvl 13
1y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What effects does unemployment have on the south African economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

The effects of bad work ethic on the south African economy?

Erm, a bad economy?


The effect of unemployment on South African business?

Poverty can have a number of effects on South African businesses. It creates a poor operating environment for businesses within the global economy. But it can also create opportunities since this will usually mean that it favours low cost providers who might find an increase in business.


How does the unemployment rate behave over the course of a business cycle in south Africa?

The unemployment rate in South Africa fluctuates as it does in every country around the world. There is no correlation with the fluctuations with the unemployment rate and the South African business cycle.


What are the causes and effects of unemployment in?

South Africa


How Gold affect the south african economy?

Gold affects the South African economy in a wide variety of ways. The South African economy is not doing well and is not very prosperous. The abundance of gold greatly improves the economy.


Is the South African economy classified as a command or market economy?

yes, South Africa is a Pure market economy


What strategies were employed by government to reduce unemployment in South Africa?

At transition in 1994, the new South African government inherited an economy that had systematically disadvantaged groups impacted by policies to alleviate unemployment, the broad definition is more appropriate. The 1995 figures should be viewed with some caution.


How does exchange rates depreciation affect the south African economy?

Exchange rates depreciation affect the south African economy because it leads to changes in inflation in the country' economy .


How does those elements extracted in South African mines contribute to South African economy?

The companies xtracting minirals give a whooping fees to s.a. Govt. Which increase its economy.


What strategies are employed by the South African government to alleviate unemployment?

Affirmative action law.


Is china a threat or advantage to the south African economy?

No i cant..can you?


What were the immediate and long-term effects of Reconstruction?