Exam (elaborations)
ECS3705 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024
- Course
- ECS3705
- Institution
- University Of South Africa
ECS3705 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
Content preview
, 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 identify and explain five mercantilist principles implied in the
article, let's first clarify what mercantilism entails. Mercantilism
is an economic theory popular in Europe from the 16th to the
18th century, advocating that a nation's wealth and power were
best served by increasing exports and collecting precious metals
in return. The theory emphasizes government intervention,
protectionism, and a focus on building a strong national
economy.
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 EFT, 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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller THEBLAZE1. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R47,81. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
53068 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now