Business Studies, asked by wiane2502, 11 months ago

what is the impact that increasing numbers of social grants have on the unemployment rate of South Africa

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Answered by queensp73
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Essentially, people turn to social grants because they can't provide for themselves and/or their families financially. The main reasons for this are unemployment and lack of education which are most often related. ... The increase in unemployment is due to the effects of the global economic crisis which hit in 2007/2008.Since 1994, the number of individuals benefiting from social grants has increased from about four million to more than 17-million in 2017. The number of social grant beneficiaries is expected to reach 18.1-million by the end of 2020-2021.

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