Which of the Following Best Describes the Economic Strategy Adopted

question 4

Multiple Choice

Which of the following best describes the economic strategy adopted by the ANC in 1996?

• A)a purely statist model with a near-total reliance on command and control planning
• B)liberal market policies domestically, but with high tariff barriers and a rejection of international investment
• C)strongly socialist policies with an expanding welfare state
• D)mildly mercantilist, with a focus on import substitution industrialization
• E)liberal macroeconomic structural adjustment with greater limits to the role of the state

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Definitions:

Crisis Model

A theoretical framework that describes how individuals or systems respond to disruptive or emergency situations, focusing on coping mechanisms and outcomes.

Chronic Strain Model

A conceptual framework that explains how persistent stressful conditions lead to chronic stress responses and potential health consequences.

Social Conventional Issues

Matters or topics related to societal norms, behaviors, and customs that dictate how individuals should conduct themselves in various contexts and social settings.

Middle Childhood

Middle childhood is the stage of human development that typically spans the ages of 6 to 12 years, characterized by significant growth in cognitive, emotional, and social abilities.