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ExtremeBDS [4]
3 years ago
15

How did these two views of slavery differ ?

Social Studies
1 answer:
Novay_Z [31]3 years ago
6 0

Answer:

In the north,slavery wasn't needed there since they were more industrial and didn't have the right climate for crops. They also thought it was wrong,but in the south,people had crops like indigo,tobacco and cotton. They made a fortune off of the slaves and thought it was right.

Explanation:

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I suggest re-writing the question so it appears at the top of the feed for social studies.
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Why do you think South Africa should invest more in africa​
STatiana [176]

It’s important to acknowledge that Africa tests an investor’s patience. Time horizons and return models that fit other markets don’t always work in there. Even the most experienced, sophisticated companies can be forced to recalibrate, as Nestlé did last year when it announced a 15% cut in its workforce across 21 African countries.

Deficits remain. What’s important is that investors now realize there is money to be made for those bold enough to help close the gaps. As that takes place, the promise of greater prosperity for Africans and African businesses will be realized. Why is it a good time to invest?

1. Africa needs ‘connectors’

Missing across much of sub-Saharan Africa are the roads, rails, ports, airports, power grids and IT backbone needed to lift African economies. This lack of infrastructure hinders the growth of imports, exports, and regional business.

Companies that can connect Africans and markets can prosper. Sub-Saharan Africa is plagued by power outages – almost 700 hours a year on average – sapping productivity, adding cost and leaving businesses captive to back-up and alternative power options. Massive investment is leading to major upgrades and expansion at African ports and airports, but much of Africa’s growth potential depends on in-country and intra-African road, rail and air connections.

Roads and rail lines are sparse, decrepit and over-burdened. A lack of aviation agreements has limited intra-African air connections. Africa’s lack of efficient storage and distribution infrastructure hinders businesses, entrepreneurs and farmers. Up to 50% of African fruit and vegetables spoil before reaching markets.

There’s a soft infrastructure deficit, as well. Outside of South Africa, the data and information critical to decision-making by businesses is missing or hard to obtain – credit and risk information, market data, consumption patterns, you name it. Lessons from Dubai and Singapore tell us that once an infrastructure race is on in a rapidly expanding market, being the first-mover is a significant advantage for investors.

2. African trade barriers are falling and intra-African trade holds enormous potential

With the 54-nation Continental Free Trade Area – Africa’s own mega-trade deal – even the smallest African economies could see a lift. If duties are lowered and incentives introduced, manufacturers could see benefit from setting up production and assembly operations in multiple African countries. That could lead to development in electronics, machinery, chemicals, textile production and processed foods.

As a first step, free trade between and within the African economic blocs would make a huge difference. Africa’s share of global trade – a meager 3% – can only increase if the continent’s commodity and consumption-led economies begin to produce a broad array of goods for home markets and export.

And an increase in local beneficiation in the commodities sector could be a driver of growth – processing local commodities (such as minerals, coffee, cotton) in country rather than exporting them in raw form. That said, it will continue to be a challenge for regions with poor power and infrastructure to compete as global manufacturers.

3. Customers are changing

With the growth of Africa’s middle class, we’re seeing development of new expectations. Educated, urban professionals are young, brand-aware and sophisticated in terms of their consumption. Retailers and consumer brands want to anticipate and drive buying preferences in fashion, home and lifestyle products, but they know they need international standard supply chains if they are to meet demand. The largest economic forces in Africa are small to medium enterprises, working to meet this new demand and competing with global brands

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8 0
2 years ago
The belief that a person can influence the government is known as political __________.
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4 0
1 year ago
How did the decline of feudalism lead to the development of democracy
AfilCa [17]
<span>The Nobles made King John sign the document known as the Magna Carta, meaning Great Charter. This changed some certain rights. Before, the king could put anyone in jail without a cause or reason. But on the Magna Carta, there was the Habeas Corpus, which meant you have to have a reason to keep a person in jail. One of the more important laws was that even the King had to obey the law. This idea became one of the basic principles of English Government. - I hope this helps :)</span>
7 0
3 years ago
Five characteristics of Buoyant economy.
GaryK [48]

Answer:

- The measurable attributes of a Buoyant Economy include: Real increases in per capita because it is not the amount of wealth, or level of income, that makes an aconomy stay on the rise, it is the growth of real income per capita. - Finally, a Buoyant Economy is increasing employment and unemployment rates are falling.

Explanation:

A buoyant economy is a successful one in which there is a lot of trade and economic activity. We have a buoyant economy and unemployment is considerably lower than the regional average. High interest rates do not point to a buoyant market this year. Analysts expect the share price to remain buoyant.

5 0
2 years ago
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