In his 2020 State of the Nation Address (SONA), president of South Africa humbly noted that. "Even if we [the government] were to marshal every single resource at our disposal, and engage on a huge expenditure of public funds, we would not alone be able to guarantee employment to the millions of people who are out of work. and that "Without growth there will be no jobs, and without jobs there will be no meaningful improvement in the lives of our people". Using the South African SONA 2020 as a reference, discuss examples of the different ways that the South African government intervenes in the economy

Exploring Economics
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ISBN:9781544336329
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Chapter20: Economic Growth In The Global Economy
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In his 2020 State of the Nation Address (SONA), president of South Africa humbly noted that.
"Even if we [the government] were to marshal every single resource at our disposal, and engage on a
huge expenditure of public funds, we would not alone be able to guarantee employment to the millions
of people who are out of work".
and that
"Without growth there will be no jobs, and without jobs there will be no meaningful improvement in the
lives of our people".
Using the South African SONA 2020 as a reference, discuss examples of the different ways that the South
African government intervenes in the economy
Transcribed Image Text:In his 2020 State of the Nation Address (SONA), president of South Africa humbly noted that. "Even if we [the government] were to marshal every single resource at our disposal, and engage on a huge expenditure of public funds, we would not alone be able to guarantee employment to the millions of people who are out of work". and that "Without growth there will be no jobs, and without jobs there will be no meaningful improvement in the lives of our people". Using the South African SONA 2020 as a reference, discuss examples of the different ways that the South African government intervenes in the economy
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