Question

South African companies are shifting towards, capital intensive production processes. The reason for such a shift can be explained by considering

Answer 1

Explanation:

South African companies are shifting towards capital intensive production processes to reduce labor and reduce energy and resource utilization because sectors like manufacture etc. had not been contributing much towards the economic growth of the country instead of having a huge labor force.

Modern techniques like artificial intelligence have made companies able to make their work more efficient by minimizing the labor input and increasing the output at the same time.

Answer 2

Answer:

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