Answered

Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Connect with a community of experts ready to help you find solutions to your questions quickly and accurately. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Highlight the negative externalities that might occur in the south african economy during the russian and ukraine war

Sagot :

Parrain

Negative externalities in the South African economy as a result of the Russia-Ukraine War include:

  • Rising inflation.
  • Decrease in living standards.

What negative externalities have the Russia-Ukraine War caused?

Negative externalities are negative effects suffered by parties that are not directly involved in a transaction.

In the war between Russia and Ukraine, fuel and wheat supplies have been affected which has led to inflation in countries like South Africa which are not involved in the war.

As a result, people are unable to afford certain goods and services and have seen their living standards drop.

Find out more on negative externalities at https://brainly.com/question/1362529.

#SPJ1

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.