Monday, February 25, 2013

The Republic of South Africa

mho Africa has a mixed miserliness with a high gear rate of p all overty and low GDP per capita. Unemployment is high and southwesterly Africa is class-conscious in the top 10 countries in the serviceman for income inequality. South Africa is the world largest producer of platinum, gold, and chromium. Other activities are gondola assembly, metalworking, machinery, textiles, iron and steel, chemicals, and commercial ship repair. South Africa exports gold, diamonds, platinum, and other metals and minerals with China, japan, India, Germany, and the UK. It exports over $104.5 billion in resources. South Africa imports machinery, chemicals, petroleum, scientific instruments, and large portions of inbred gas with China, Germany, US, Saudi Arabia, Iran, Japan, And the UK. It imports $102.6 billion in goods. South African consumes more natural gas than it produces, which leads to an importation of natural gas. South Africas GDP is $408.1 billion in official flip rate and its growth rate of GDP id 3.1%.
South Africas per-capita income is about $11,000 dollars, which is due to income inequality and diffusion. South Africas income distribution according to the Gini index is 65, which is doe to a social stratification from the apartheid system of South Africa, which is an example of a caste system.

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variant of income is also due to a division between whiteness and black races. The poverty gap has grown faster than the economy indicating that poor households have not shared in the benefits of sparing growth. The demographics of South Africa consist of 62% of the population living in urban backgrounds with multiple cities such as Cape Town, Pretoria, and Durban having a higher population of about 3 million large number due to greater economic activity; i.e. Commerce and trading. 57% of the population is living in poverty. In the HDI, South Africa is ranked 110 out of 169 countries. Only 10% of South Africans go bad to the higher middle class. About 25% of the population lives on $1.25 a day.
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