(08.06 HC)
A South African entrepreneur might support globalization because of
upward pressure on his employees' wages
increased investments from foreigners
O environmental regulations of his business
O a brain drain away from South Africa
Question 1 (Answered)
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Answer :

In this scenario, a South African entrepreneur might support globalization because of increased investments from foreigners. When globalization occurs, it can attract foreign investors who bring in capital to fund businesses and projects in South Africa. This influx of investments can help fuel economic growth, create job opportunities, and stimulate the local economy.

By welcoming foreign investments, the entrepreneur can expand their business, improve infrastructure, and access new markets globally. This can lead to enhanced competitiveness, innovation, and overall business growth. Additionally, foreign investments can bring in new technologies, expertise, and networks that can benefit the entrepreneur's business operations.

Overall, supporting globalization through increased investments from foreigners can be advantageous for a South African entrepreneur as it can contribute to the development and expansion of their business, ultimately leading to economic prosperity and opportunities for growth.