CLEAN : S.Africa in recession as economy shrinks 0.7% in Q1

CLEAN : S.Africa in recession as economy shrinks 0.7% in Q1

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10th Grade - University

Hard

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The transcript discusses an unexpected economic shock, highlighting underestimated deterioration in various sectors. It notes a rise in unemployment, particularly affecting the unskilled in South Africa, and describes the situation as a technical recession. Despite anticipating modest growth, the transcript acknowledges four years of weak growth, with 2016 being notably poor. The primary factor contributing to this stagnation is identified as political influences.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker imply about the growth trend from 2016 onwards?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

According to the text, what is the relationship between evaporating economic growth and politics?

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