ACTIVITY

3.1 How can investment spending be utilized efficiently to stimulate economic development? (8)

3.2 Briefly discuss the cost of doing business to achieve economic development in South Africa. (8)

3.3 How does corruption influence good governance in South Africa? (8)



Answer :

Final answer:

Investment spending can drive economic development by investing in infrastructure and human capital.


Explanation:

Investment spending can be utilized efficiently to stimulate economic development through various means such as investing in infrastructure like transportation and communication. Infrastructure investment facilitates the exchange of goods and services, thus fostering development. Additionally, investment in human capital, like promoting education, can also contribute to economic growth.


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