MrNicekush4403 MrNicekush4403
  • 18-07-2022
  • Business
contestada

What were the economic consequences of apartheid in south africa?.

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Emanendris
Emanendris Emanendris
  • 18-07-2022

Answer

Apartheid education policies lead to low rates of investment in human capital of black workers. Consequently, the economy falls to a lower level of physical and human capital in equilibrium and hence to a lower real income per capita in the long-run equilibrium

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