Question

Africa is poor because it is poor, discuss

Answer 1

An investment in skills, infrastructure and innovation is important for economic well-being now and essential for the future. However low investment in South Africa leads to low productivity which again leads to low income; resulting to the vicious circle of poverty, thus we can conclude that Africa is poor because it is poor.

South Africa is also currently struggling with large unemployment and the main causes are combination of deficient demand for labour because of increasingly skills-intensive orientation of the country's economy, and substandard supply caused by the emergence of risky low-skilled labor. Legacy of apartheid and poor education as well as training is costing jobs; and lowering the economic growth. Furthermore there is a lack of interest for entrepreneurship. To beat unemployment South Africa require a change of mind-set from all role players, be it a business, government, or labour. There should be an education development. Discrimination and social inequality creates a vicious circle of poverty. It should emphasis on improving the skill level of workers calls for structural remedies, such as a good school system and the improvement of labor skills; and entrepreneurship through education and training.