SJD1501 Assignment 5[ QUESTIONS AND QUALITY ANSWERS)100% VERIFIED AND RATED A+ LATEST UPDATE Semester 1 2024

SJD1501 Assignment 5[ QUESTIONS AND QUALITY ANSWERS)100% VERIFIED AND RATED A+ LATEST UPDATE Semester 1 2024 South Africa most unequal country in the world: Report Published On 10 Mar 2022 South Africa is the most unequal country in the world, with race playing a determining factor in a society where 10 percent of the population owns more than 80 percent of the wealth, a World Bank report has said. "South Africa is the most unequal country in the world, ranking first among 1 64 countries," the Washington-based institution said Wednesday in a report, Inequality in Southern Africa. Almost three decades after the end of apartheid, "race remains a key driver of high inequality in South Africa, due to its impact on education and the labor market," it said When race is considered as a factor in income disparities, the report added, "its contribution to income inequality amounts to 41 percent, while contribution of education is reduced to 30 percent."The legacy of colonialism and apartheid, rooted in racial and spatial segregation, continues to reinforce inequality." The country's neighbours that make up the rest of the Southern African Customs Union - Botswana, Eswatini, Lesotho and Namibia