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If Labor Is Abundant in South Africa but Capital Is

question 192

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If labor is abundant in South Africa but capital is scarce,when South Africa opens to trade,the price of labor will _____ and the price of capital will _____.


Definitions:

Community Contact

Interaction or communication between individuals or organizations and the broader community for purposes such as outreach, engagement, or service.

Developing Resources

involves identifying, creating, or aggregating tools, supports, or assets that can be used to improve outcomes in various contexts.

Micro-to-Macro Continuum

A concept in sociology that explains how small-scale individual interactions can influence and shape large-scale social structures and vice versa.

Social Work

A professional and academic discipline committed to the pursuit of social welfare, social change, and social justice through the support of individuals, families, and communities.

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