Explain six factors that have promoted industrialization in South Africa.
Answer:
- The availability of many sources of energy to provide the required power of
industrialization
- The existence of varied mineral resources to sustain the process of
industrialization.
- The presence of welldeveloped transport network/ infrastructure
to facilitate the movement of raw materials and finished industrial goods to the market.
-The availability of both internal and external markets for their
manufactured goods.
- The availability of both skilled and unskilled manpower required for industrialization.
- The availability of capital generated from South Africa trade in other goods has
enabled her to set up industries. The governments sound industrial Policies which encouraged both local and foreign investors to boost industrialization.
-The high quality goods have led to increased demand for South Africans
manufactured goods.
- The political instability in the country since the end of apartheid era has created a
conducive environment for industrial development.