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Labor costs were lower because unions were weaker.

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Rosa Koelpin

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3y ago

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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.


Did immigrants move south to provide cheap labor in the 1800s'?

no


In what year did panama move from South America to north America?

what year did panama move from south America to north America Another Answer: Ever since the Panama Canal has been there (1913), Panama is located in both North and South America.


Why did buisnesses move to the south?

Businesses moved to the South for several reasons, including lower labor costs, fewer regulations, and tax incentives offered by state governments. The region's warmer climate and access to natural resources also played a role in attracting industries such as manufacturing and agriculture. Additionally, the South's growing infrastructure, including transportation networks, facilitated business operations and expansion. Overall, these factors contributed to a more favorable business environment compared to other regions.


How does social economic issues affect the business in south Africa?

Many South African businesses are export businesses. This means that they make a higher profit when the Rand is weaker against the currencies of the countries these businesses export to. Major export destinations include USA, UK, and the EU. The import businesses would be most happy when the Rand is stronger, because then they can invest in more stock and, again, increase their returns. The value of the rand (in conjunction with international oil prices), also affects the amount of money businesses have to spend on fuel, plastic, etc, which directly affects either their prices or profit margins.

Related Questions

Why did businesses to move in the south?

Labor costs were lower because unions were weaker.


What was the reason the businesses move to the south?

Right to work laws made unions weaker -apex- hope this helped


What factor caused businesses to move to the South?

"Right-to-work" laws in the South made unions weaker Labor costs were lower in the South because unions were weaker Wages in the South were lower than wages in the North


Why did businesses move their to the south after 1960?

Labor was cheaper and easier to control partly because Right to Work laws made unions weak.


Why did businesses move their factories to the South after 1960?

Labor was cheaper and easier to control partly because Right to Work laws made unions weak.


Why is it difficult to build new businesses in the south?

There were not many banks to finance businesses.


What was a reason that businesses moved to the South?

Wages in the south were lower the wages in the north


What is supported by those who move businesses overseas?

When businesses move overseas, that stimulates overseas employment. There are usually also lower taxes and business costs associated with these types of moves.


Commercial Cleaning?

Commercial cleaning services for businesses, offices, and Apartment complex move in and move out cleaning


What caused people in Mesopotamia to move South?

mthey had to move south cuz they were very tired


Why was difficult to build new businesses in the south?

because they had to find room


Why was it difficult to build new businesses in the south?

because they had to find room