Question

Is South Africa a socialisation, capitalisation, modern or combined state? Pls elaborate

Answer 1

Answer:

Africa is a capitalist society is popular among journalists, politicians, and trade unionists. If capitalism is understood to mean a system of free and voluntary engagement without third-party interference, the notion that South Africa is capitalist is false

Explanation:

This false belief has been used to justify far more government intervention in the economy than is necessary, and has led to stagnated growth and destitution. The truth is that South Africa is a social democracy fast approaching socialism. It is more important today than ever before for us to apply the brakes to expanding government and adopt a free market.