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by imtringued 1748 days ago
South Africa is a rich nation with high inequality and extremely high unemployment. Under utilization doesn't seem to make nations poor as long as they can export in-demand products.

My point is that there is a huge difference between people being poor and nations being poor.

1 comments

South Africa is not a rich nation. In per capita GDP, it is 113th out of 213 and at $5,444 is less than half of the worldwide average of $11,339[1].

[1] https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...