Which of the Following Statements About the ANC's Policies and Actions

question 16

Multiple Choice

Which of the following statements about the ANC's policies and actions toward alleviating poverty and inequality in the wake of democratization is accurate?

• A) The ANC pursued a strongly statist model of economic stewardship in its first decade of rule as a means of rapidly changing the economic-racial divide.
• B) ANC policies have trended liberal and have brought limited but uneven growth,with several long periods of declining GDP.
• C) The ANC pursues a model of liberal economic structuring after a costly two years of big investments in direct provision of basic needs to the poor.
• D) The ANC has recently abandoned its support of land reform and basic health care to focus more fully on containing inflation.

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Definitions:

Widgets

are generic terms often used to describe any product or manufactured good in business discussions or economic examples.

Retailers

Businesses that sell goods or commodities directly to consumers.

Perfected

In legal and financial contexts, describes a security interest or claim that has been legally established and recorded, making it enforceable against third parties.

Secured Party

A lender or creditor that has a claim on assets (collateral) of the borrower if the loan is not repaid according to agreed terms.