ECS3705
Assignment 2 (VERIFIED ANSWERS)
Semester 2 2024
, Course
Economics (ECS3705)
Institution
University Of South Africa (Unisa)
Book
The Evolution of Economic Thought (with InfoTrac® 1-Semester, Economic Applications
Online Product Printed Access Card), International Edition
QUESTION 1
Five Mercantilist Principles in Kenya’s Approach to the Fourth Industrial Revolution
Introduction
Kenya's strategic efforts to integrate into the fourth industrial revolution reflect economic principles
reminiscent of traditional mercantilist thought. Mercantilism, an economic theory that dominated
European discourse from the 16th to the 18th centuries, advocates for strong state involvement in
Assignment 2 (VERIFIED ANSWERS)
Semester 2 2024
, Course
Economics (ECS3705)
Institution
University Of South Africa (Unisa)
Book
The Evolution of Economic Thought (with InfoTrac® 1-Semester, Economic Applications
Online Product Printed Access Card), International Edition
QUESTION 1
Five Mercantilist Principles in Kenya’s Approach to the Fourth Industrial Revolution
Introduction
Kenya's strategic efforts to integrate into the fourth industrial revolution reflect economic principles
reminiscent of traditional mercantilist thought. Mercantilism, an economic theory that dominated
European discourse from the 16th to the 18th centuries, advocates for strong state involvement in