,GGH3702 Assignment 1 (COMPLETE ANSWERS)
Semester 1 2025 - DUE 17 March 2025; 100% TRUSTED
Complete, trusted solutions and explanations…WE WISH
YOU ALL THE BEST
3 ANSWERS PROVIDED
South Africa's economy was historically reliant on the extraction
of natural resources. In the current context, identify and analyse
the main economic sectors, explore their linkages, and discuss
their spatial distribution. Provide a critique of South Africa's
future economic development outlook considering the rise of the
Fourth Industrial Revolution.
Table of Contents:
1. Introduction
2. Historical Economic Context: Resource Dependency
3. Current Economic Sectors
o Primary Sector
o Secondary Sector
o Tertiary Sector
4. Linkages Between Economic Sectors
5. Spatial Distribution of Economic Sectors
6. The Impact of the Fourth Industrial Revolution
7. Critique of South Africa's Future Economic
Development
o Opportunities and Challenges
o Policy Recommendations
8. Conclusion
, 1. Introduction
South Africa's economy has undergone several phases of
transformation, moving from a primary reliance on the
extraction of natural resources to a more diversified, though still
resource-dependent, economy. Despite its economic evolution,
South Africa faces challenges tied to unemployment, inequality,
poverty, and skills shortages, all of which are further
compounded by the rapid onset of the Fourth Industrial
Revolution (4IR).
In this analysis, we will examine the key economic sectors, their
linkages, spatial distribution, and the potential impact of 4IR on
the country’s future economic development.
2. Historical Economic Context: Resource Dependency
Historically, South Africa’s economy was largely reliant on the
extraction and export of natural resources, particularly gold,
diamonds, coal, and platinum. These resources were the
backbone of South Africa’s economy from the early 20th
century, and the country became known as a global powerhouse
in mining.
However, the over-reliance on these sectors led to economic
vulnerability, as fluctuations in global commodity prices, along
with rising environmental concerns and social inequality,
revealed the unsustainability of this model. Over time, the
government has attempted to diversify the economy, but the
Semester 1 2025 - DUE 17 March 2025; 100% TRUSTED
Complete, trusted solutions and explanations…WE WISH
YOU ALL THE BEST
3 ANSWERS PROVIDED
South Africa's economy was historically reliant on the extraction
of natural resources. In the current context, identify and analyse
the main economic sectors, explore their linkages, and discuss
their spatial distribution. Provide a critique of South Africa's
future economic development outlook considering the rise of the
Fourth Industrial Revolution.
Table of Contents:
1. Introduction
2. Historical Economic Context: Resource Dependency
3. Current Economic Sectors
o Primary Sector
o Secondary Sector
o Tertiary Sector
4. Linkages Between Economic Sectors
5. Spatial Distribution of Economic Sectors
6. The Impact of the Fourth Industrial Revolution
7. Critique of South Africa's Future Economic
Development
o Opportunities and Challenges
o Policy Recommendations
8. Conclusion
, 1. Introduction
South Africa's economy has undergone several phases of
transformation, moving from a primary reliance on the
extraction of natural resources to a more diversified, though still
resource-dependent, economy. Despite its economic evolution,
South Africa faces challenges tied to unemployment, inequality,
poverty, and skills shortages, all of which are further
compounded by the rapid onset of the Fourth Industrial
Revolution (4IR).
In this analysis, we will examine the key economic sectors, their
linkages, spatial distribution, and the potential impact of 4IR on
the country’s future economic development.
2. Historical Economic Context: Resource Dependency
Historically, South Africa’s economy was largely reliant on the
extraction and export of natural resources, particularly gold,
diamonds, coal, and platinum. These resources were the
backbone of South Africa’s economy from the early 20th
century, and the country became known as a global powerhouse
in mining.
However, the over-reliance on these sectors led to economic
vulnerability, as fluctuations in global commodity prices, along
with rising environmental concerns and social inequality,
revealed the unsustainability of this model. Over time, the
government has attempted to diversify the economy, but the
