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musickatia [10]
3 years ago
8

discuss 3 ways in which entrepreneurship can help to combat unemployment and improve the economy os south Africa

Business
1 answer:
WARRIOR [948]3 years ago
4 0
Entrepreneurship brings new businesses in the area. New businesses need to hire people. They help combat unemployment when they hire people. New businesses also pay government taxes which will help improve the economy of South Africa.

When various new businesses are opening in an area, it signifies that the area is safe and conducive for new businesses thus attracting potential investors and more consumers. Potential investors may be encouraged to set up their own business and will help combat unemployment by hiring local people. Foreign businesses also pay local government taxes which will also improve economy.

Entrepreneurship will generate local, national, and global interest. The more investors are interested to set up business in the local area, the better for the area's economy and unemployment problems will be diminished.
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The establishment of lobster fishing season in the state of Florida is an example of:
SashulF [63]

Answer:

Government intervention in the economy.

Explanation:

The government in some cases take actions that affect the economy to have an impact and address inefficiencies. In this case, the intervention takes the form of a regulation that establishes a lobster fishing season in the state of Florida. Because of that, the answer is that this is an example of government intervention in the economy.

5 0
3 years ago
What is the difference between the federal budget deficit and federal government​ debt?
Genrish500 [490]

Answer:

C) The federal budget deficit is the​ year-to-year short fall in tax revenues relative to government spending ​ (T < G​ + TR), financed through government bonds. The federal government debt is the accumulation of all past deficits.

Explanation:

Budget Deficit by definition is the shortfall in the budget as spending exceeds the budgeted tax revenues for the governments. They are indeed funded by government borrowing by issuing of bonds and borrowing money from the federal reserve.

The federal government debt or also called the national debt is the net accumulation of all the borrowed amount that is used by the government to deficit finance the budget in the current year and the previous years.

In return if a budget in a year turns surplus, that is the spending is less than revenue, it can help lower the national debt if the government policies allow.

Hope that helps.

4 0
3 years ago
Read 2 more answers
sox corporation purchased a 35% interest in hack corporation for $1,750,000 on january 1, 2018. on november 1, 2018, hack declar
irinina [24]

Answer:

$1,050,000

Explanation:

Given that,

Sox corporation purchased a 35% interest in hack corporation for $1,750,000.

On November 1, 2018, hack declared and paid dividends = $2.0 million

On December 31, hack reported a net loss during the year = $4.3 million

Carrying value:

= Purchased value - 35%(Dividend value)

= $1,750,000 - (0.35 × $2,000,000)

= $1,750,000 - $700,000

= $1,050,000

Net loss of Sox = 35% of net loss during the year

                         = 0.35 × $4,300,000

                         = $1,505,000

Since, the carrying value is less than the net loss of sox. Therefore, the net loss of $1,050,000 to be recognized by the sox corporation.

4 0
3 years ago
Ravenshaw Corp. assigns its sales and marketing people to specific countries, regions, and districts. Ravenshaw Corp. is most li
maxonik [38]

Answer:

The correct answer is A) geographic organization .

Explanation:

A geographic organization of a corporation is a structure that is used more than anything else in the sales area, and where it seeks to massify and maximize the process of insertion and sale of a product taking into account the characteristics of each country. Experts with international experience are generally hired within this distribution, which allows for a more or less successful process, but not before carefully studying the market in order to achieve the proposed objectives.

6 0
3 years ago
when the price rises from p1 to p2, consumer surplus a. increases by an amount equal to a. b. decrease by an amount equal to c.
aleksandrvk [35]

When the price rises from P1 to P2, consumer surplus decreases by an amount equal to B + C.

Consumer surplus, also known as buyers' surplus, refers to an economic measurement of consumer advantages that arises from market competition. It occurs when the actual price for a product or service that consumers are paying is less than the price, they are willing to pay. The changes in price affect the consumer surplus, as consumer surplus always increases as the price of a good or service decreases, and decreases as the price of a good or service increase. Visually, it is illustrated by economists as the area under the demand curve between the market price and what consumers would be willing to pay. In this case, that is represented by sum of B and C.

Note: The question is incomplete. It does not contain the figure (which is attached).

Learn more about Consumer surplus:

brainly.com/question/13573671

#SPJ4

6 0
1 year ago
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