South Africa
Type of Economy
Examples of Economic Activities
Level of Development
Important HDI Stats
Examples of Economic Activities
Primary Economic Activities: agriculture Secondary Economic Activities: metal casting Tertiary Economic Activities: tourism Quaternary Economic Activities: scientific innovation
Type of Economy
Mixed economy; because products are usually priced depending on supply and demand.
Important HDI Stats
GDP per capita: $14,300 Literacy rate: 95% Life expectancy: 71.9 years Infant mortality rate: 21.9 deaths/1,000 live births HDI score: 0.717 (rank 110)
Level of Development
Newly industrialized country; because many people in South Africa work in secondary ecnomic activities, such as manufacturing.
Works Cited
“Gale - Product Login.” Gale.com, 2024, go.gale.com/ps/retrieve.do?resultListType=RELATED_DOCUMENT&searchType=ts&userGroupName=j043905&inPS=true&contentSegment=&prodId=GIC&docId=GALE%7CCP3208530154&it=r&aty=ip. Accessed 21 Nov. 2024. “Metal Casting.” ViewTech, 11 July 2023, www.viewtech.com/glossary/metal-casting/. Accessed 21 Nov. 2024. Nations, United. “Specific Country Data.” Human Development Reports, 2023, hdr.undp.org/data-center/specific-country-data#/countries/ZAF. Accessed 18 Nov. 2024. Nuthawut Somsuk. “Demand and Supply, Economic Model of Price Determination in a Capital Market Concept.” Vecteezy, 2021, www.vecteezy.com/free-vector/supply-and-demand. Accessed 21 Nov. 2024. Cia.gov, 2024, www.cia.gov/the-world-factbook/countries/south-africa/. Accessed 18 Nov. 2024.