Podcast
Questions and Answers
What is one benefit of exporting processed goods instead of raw materials?
What is one benefit of exporting processed goods instead of raw materials?
- It limits employment opportunities.
- It decreases the standard of living.
- It earns more foreign exchange. (correct)
- It reduces production costs significantly.
How does industrial development impact employment?
How does industrial development impact employment?
- It has no effect on the job market.
- It increases the availability of higher-paid employment. (correct)
- It creates lower-paid jobs.
- It reduces the number of jobs available.
What is a direct result of increased employment in industrial sectors?
What is a direct result of increased employment in industrial sectors?
- Reduction in the population's buying power.
- Lower standard of living for workers.
- More funds for infrastructure improvements. (correct)
- Decrease in taxes collected by the government.
What contributes to further service and facility development in South Africa?
What contributes to further service and facility development in South Africa?
Why is industrial development significant for the standard of living in South Africa?
Why is industrial development significant for the standard of living in South Africa?
Flashcards
Main Industrial Regions in South Africa
Main Industrial Regions in South Africa
Regions in South Africa where significant manufacturing and industrial activity occur.
Exporting processed goods
Exporting processed goods
The process of exchanging raw materials for processed goods with other countries.
Foreign Exchange Earnings
Foreign Exchange Earnings
The direct relationship between the price of raw materials and processed goods.
Standard of Living
Standard of Living
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Infrastructure Improvements
Infrastructure Improvements
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