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OTE2601 Assignment 1 (COMPLETE ANSWERS) 2024 (809035) - DUE 3 May 2024 R50,00   Add to cart

Exam (elaborations)

OTE2601 Assignment 1 (COMPLETE ANSWERS) 2024 (809035) - DUE 3 May 2024

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Exam study book Teaching Economics and Management Sciences in the Senior Phase of Micheal Van Wyk, Karen Dos Reis - ISBN: 9780199076819

Last document update: 7 months ago

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  • May 31, 2023
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OTE2601
Assignment 1 Semester 1 2024
Detailed Solutions, References & Explanations

Unique number: 809035

Due Date: 3 May 2024
Question 1

1.1.


Unemployment in any country can have wide-ranging and severe effects on both the
economy and the overall well-being of its citizens. Firstly, the most obvious result of
unemployment is the loss of income for those who are directly affected. This can lead to
financial hardship, an inability to afford basic necessities, and, in extreme cases,
homelessness and poverty. These individuals may also struggle to maintain their mental
and physical health due to the stress and anxiety caused by their financial instability.




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