QUESTION 3 MARKET FAILURE Introduction (2)…
QUESTION 3 MARKET FAILURE Introduction (2) Body Discuss the following methods of involvement, their reasons for being implemented and their effects. > Price ceilings > Price floors (26) Discuss the reasons for market failure. (10) Conclusion (2) [40] OR QUESTION 4 HISTORICAL OVERVIEW OF SOUTH AFRICA Introduction (2) Body Discuss the agriculture and mining stage of South Africa’s economic development under the following headings. > Characteristics > Factors promoting economic development > Factors hampering economic development (26) Discuss the economic consequences of this stage. (10) Conclusion (2) [40]
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