Which of the following statements best characterizes South Africa's economy immediately following the end of apartheid? A. It depended on the export of cash crops like rubber and coffee. B. It had limited manufacturing and depended on the export of gold. C. It diversified with widespread manufacturing and service sectors. D. It depended heavily on foreign investment and trade.
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ANSWER:
South Africa's economy immediately following the end of apartheid It had limited manufacturing and depended on the export of gold.
EXPLANATION:
After apartheid, South Africa has struggled through the recession of late 2000 and the recovery has been led by private and public consumption growth. The private investments and export volumes have still not recovered. The unemployment levels are over 25%.
Investment and growth are hindered by crime and illegal activities in the country. The government has a major task of restoring economic order in the country.
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सेक्टर 7 सर विविध भारती यभथडदझीजछघयभय
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