Economics (ECS3705)

ECS3705 Assignment 1 Semester 2 2025 (Answer Guide) - Due 25 September 2025 QUESTION 1 The Mercantilist school of thought, which influenced European economic policy between the sixteenth and eighteenth centuries, was one of the earliest systematic attempts to understand and manage economic activity. At the core of Mercantilism was the belief that national wealth was best measured by the quantity of precious metals, especially gold and silver, held within a country (Magnusson, 2015). Unlike mod...

ECS3705 Assignment 1 Semester 2 2025 (Answer Guide) - Due 25 September 2025 Contents QUESTION 1 1 QUESTION 2 3 References 5

ECS3705 Assignment 1 Semester 2 Memo | Due 25 September 2025. All questions fully answered. QUESTION 1 [18] Having studied the Mercantilist school of thought, write a three-paragraph essay discussing Mercantilist views on wealth creation, wealth stimulation, and the role of government in the economy. QUESTION 2 [12] Based on your understanding of wealth creation according to Mercantilist thought, discuss whether this theory applies to South Africa. Explain how wealth (economic growth) is gene...

ECS3705 ASSIGNMENT 1 SEMESTER 2 2025 COMPLETE ANSWERS (DUE DATE 2025)

ECS3705 ASSIGNMENT 1 SEMESTER 2 2025 *COMPLETE ANSWERS* DUE DATE 2025 (BEST ANSWERS FOR THIS ASSIGNMENT)

ECS4867 ASSIGNMENT 1 (QUESTIONS AND ANSWERS) YEAR MODULE - 2025

ECS3705 Assignment 2 Semester 2 2024 QUESTIONS WITH DETAILED ANSWERS

ECS3705 Assignment 2 Semester 2 2024 COMPLETE ANSWERS

ECS3705 Assignment 2 Semester 2 2024 QUESTIONS AND ANSWERS

ECS3705 Assignment 2 (ANSWERS) Semester 2 2024 - DUE September 2024 “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 ta...