Today, South Africa is both a rich and a poor country, one with extreme income gaps as well as abundant natural resources.

Question

Quizplus · Accepted Answer

South Africa has a high-income economy and is considered a newly industrialized country, with abundant natural resources such as gold, diamonds, and platinum. However, it is also plagued by inequality and poverty, with one of the highest Gini coefficients (a measure of income inequality) in the world. So, South Africa is a country that is both rich and poor with extreme income gaps.

Today, South Africa Is Both a Rich and a Poor