Answer:
South Africa has a developed and regulated competition regime based on best international practice.
South Africa’s economic system is predominantly based on free market principles. However, as in most developed economies, competition is controlled.
The Competition Act of 1998 fundamentally reformed the country’s competition legislation, substantially strengthening the powers of the competition authorities along the lines of the European Union, US and Canadian models.
These words were captured from the writing "The Rhythm of Life" and it was written by Matthew Kelly. What was being highlighted is that person standard can be affected and defined by the people who surrounds them. People cannot be completed and fulfilled of being alone.
Social stratification gives some people more privileges and opportunities than the others
In social stratification perspective , the society ranks their people into some sort of hierarchy.
Using this perspective, it's clear to see that someone who was born in higher status have more opportunities than the others ( for example someone can easily inherited a company from his parents while other have to build it from the ground)
Because they're dominant and not reccesive
Answer:
The major result of the Great depression was economic crisis.
Explanation:
The Great Depression of 1929 was a time the stock market collapsed in the United States, and this was immediately preceding World War I. It led to a huge decline in the country's economy. The Great Depression did not only affect the country's economy but also politics as capitalism declined.
As a result of the Great Depression, unemployment increased, the banks in the states could not lend out money, and neither could they get profit in return, people could no longer afford to pay for housing which rendered many homeless, etc. However, efforts were made under the administration of Herbert Hoover, which failed.
With the era of Franklin D. Roosevelt, a program was created named the "New Deal" which helped cure the economic crisis.
