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Economic systems are institutional arrangements adopted by countries as mechanisms to address the four fundamental economic problems. Discuss the economic system used in South Africa giving its pros and cons.
Is it the best economic system, if yes why? And if no why? Furthermore, discuss the four fundamental economic problems need to be addressed.
The assignment should be between 4 -6 pages including the cover page and reference page at 1.5 spacing in font size 12 in Times New Roman script. Credit will be given for correct referencing and acknowledgement of sources (Use the Harvard style of referencing). The assignment must go for peer review at TLC before submitting.
It is a group assignment. Minimum 8, maximum 10 members per group.
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Actually, the success or failure of a mixed economies is depended on how it is managed. Private corporations and enterprises play a very crucial role in enhancing the betterment in the functioning of an economy even if their objectives is to stimulate greater redistribution generate more profit.
It is a group assignment. Minimum 8, maximum 10 members per group. Due date is the Tuesday the 1st week after semester break.
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