How Does Poverty Affect Businesses In South Africa?


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Jennifer Bone Profile
Jennifer Bone answered
Poverty can have a number of effects on business.  It often creates a poor operating environment for high priced labourers and businesses within the global economy.  It can also create opportunities as it favours low cost providers who might find an increase in business.  Depending on outside influence, the impact can be quite negative when there is little outside influence because there is no money available to purchase  goods, however a greater degree of outside influence can cause a thriving trade allowing the business to grow.

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