The biggest problem is that, although unemployment rates are so high, there is a shortage of skilled workers. More than that, as soon as people are educated they emigrate to first world countries that not only offer better pay but also have better infrastructure, less crime, and are more economically stable. Without this skilled labor the growth of the economy is virtually non-existent, but until the other issues above are addressed, the problem will not disappear, and without the problem disappearing, the above problems that make South Africa less inviting cannot be addressed.
Other problems include poor infrastructure (eg. electricity), extreme poverty, lack of health services.
The biggest problem is that, although unemployment rates are so high, there is a shortage of skilled workers. More than that, as soon as people are educated they emigrate to first world countries that not only offer better pay but also have better infrastructure, less crime, and are more economically stable. Without this skilled labour the growth of the economy is virtually non-existent, but until the other issues above are addressed, the problem will not disappear, and without the problem disappearing, the above problems that make South Africa less inviting cannot be addressed.
i dont think they really have any
efficiency, equity, economic growth, and stability
There are a lot of problems with economic growth. The following is from the section on <a href="http://www.growthbusters.com">Economic Growth</a> at growthbusters.com site for hooked on growth. Continually rising GDP is in conflict with our goals of sustainability and reduction of greenhouse gas emissions. There are alternative metrics to gauge our happiness and success. Genuine Progress Indicators (GPI) and Gross National Happiness are two examples. Some thought leaders have been urging us for years to embrace economic stability instead of perpetual growth.
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
An economic growth_______ is a time of fast economic growth
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
What are the major social economic problem which hamper the growth and development of india? According to mysore university
Air pollution, Acid rain, Global Warming, the weakening of Ozone layer day by day have resulted from economic growth.
efficiency, equity, economic growth, and stability
4 Economic Problems:1. Consumption Problem-what to produce2. Production Problem-how to produce3. Distribution Problem-for whom to produce4. Growth over time
There were some problems generated by the economic growth in the US in the nineteenth century. This included increase of the cost of labor as well as many migrations. There was a high rate of injuries that related to various jobs.
There are a lot of problems with economic growth. The following is from the section on <a href="http://www.growthbusters.com">Economic Growth</a> at growthbusters.com site for hooked on growth. Continually rising GDP is in conflict with our goals of sustainability and reduction of greenhouse gas emissions. There are alternative metrics to gauge our happiness and success. Genuine Progress Indicators (GPI) and Gross National Happiness are two examples. Some thought leaders have been urging us for years to embrace economic stability instead of perpetual growth.
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
Subrata Gupta has written: 'Indian economy, its growth and problems' -- subject(s): Economic conditions, Economic policy
economic growth
An economic growth_______ is a time of fast economic growth
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
boom/growth