ECS3705 Assignment
2 (COMPLETE
ANSWERS) Semester 2
2024 - DUE September
2024 ; 100% TRUSTED
Complete, trusted
solutions and
explanations.
ADMIN
[COMPANY NAME]
, ECS3705 Assignment 2 (COMPLETE ANSWERS) Semester
2 2024 - DUE September 2024 ; 100% TRUSTED Complete,
trusted solutions and explanations.
“Kenya keen on fourth industrial revolution” Read the following
article and then answer the questions that follow. The
government has identified specific goals and targets to steer
growth as the country strives to catch up with the fourth
industrial revolution. The fourth industrial revolution is the
ongoing automation of traditional manufacturing and industrial
practices, using modern smart technology. Among government
targets is the development of the iron and steel industry through
the establishment of an integrated steel mill. Source: The Star
Access date: 29 August 2024 For full article visit website:
Question 1 After reading the extract, identify and explain any
five mercantilist principles that are implied in the article. Make
sure your answer is based on information in the case study. (25
marks)
To analyze the article "Kenya keen on fourth industrial
revolution" and identify five mercantilist principles, we can refer
to common tenets of mercantilism, which focuses on
strengthening a nation's economy by maintaining a positive
balance of trade, accumulating precious metals, and fostering
national industries. Here’s a breakdown based on the
information provided:
Mercantilist Principles Implied in the Article
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Jennifer2024. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.58. You're not tied to anything after your purchase.
