Business Studies
Porfolio Assignment
Done By Cameron Drotsky 10I
Background Information
• A crime is an act commited in violation of a law that has been passed that forbids the act.
• The types of crime include Economic crime, domestic crime, white collar crime, burglary and many more such as murder
• Reasons of crime in South Africa are poverty and unemployment as a large number of people in South Africa have no monthly salary or weekly wage to supprot their family so they commit a crime by stealing, or mugging or robbing a store to supprt their family.
• Also Apartheid can be one of many reasons of South Africas high crime rate because of the massive gap between blacks and whites and the unequal distribution of wealth, resources, …show more content…
• Also there children wont have a very good childhood as they wont be able to play outside as it would be to dangerous.
How it affects the South African economy
• A large amount of South Africas tax money is spent on the South African Police Service in order to try and reduce the crime rate which causes other areas of the economy to go down resulting in a lower GDP each year.
• It causes a loss of productivity as workers are scared to go to work.
• It scares away foreign investment because investors don’t want to invest money into a company if it is going to go bankrupt because of crime.
• It also causes the tourism industry to decrease as lots of people would love to come to SA but are to afraid because of the high crime rates. If South Africa the tourism industry would be massive and it would create a large amount of jobs.
• It causes people to emmigrate as unemployment is on the rise which causes the rand to weaken which makes everything more expensive. That causes government to spend more on helping the poor which makes the economy worse as nothing is spent on the countries infrastructure.
Strategies to overcome this socio- economic
Porfolio Assignment
Done By Cameron Drotsky 10I
Background Information
• A crime is an act commited in violation of a law that has been passed that forbids the act.
• The types of crime include Economic crime, domestic crime, white collar crime, burglary and many more such as murder
• Reasons of crime in South Africa are poverty and unemployment as a large number of people in South Africa have no monthly salary or weekly wage to supprot their family so they commit a crime by stealing, or mugging or robbing a store to supprt their family.
• Also Apartheid can be one of many reasons of South Africas high crime rate because of the massive gap between blacks and whites and the unequal distribution of wealth, resources, …show more content…
• Also there children wont have a very good childhood as they wont be able to play outside as it would be to dangerous.
How it affects the South African economy
• A large amount of South Africas tax money is spent on the South African Police Service in order to try and reduce the crime rate which causes other areas of the economy to go down resulting in a lower GDP each year.
• It causes a loss of productivity as workers are scared to go to work.
• It scares away foreign investment because investors don’t want to invest money into a company if it is going to go bankrupt because of crime.
• It also causes the tourism industry to decrease as lots of people would love to come to SA but are to afraid because of the high crime rates. If South Africa the tourism industry would be massive and it would create a large amount of jobs.
• It causes people to emmigrate as unemployment is on the rise which causes the rand to weaken which makes everything more expensive. That causes government to spend more on helping the poor which makes the economy worse as nothing is spent on the countries infrastructure.
Strategies to overcome this socio- economic