Answer to Question #233277 in Macroeconomics for georgina

Question

briefly explain the weaknesses of rsa industrial development zones

Answer 1

Solution:

The weaknesses of RSA industrial development zones include the following:

·        It has attributed to the loss of huge amounts of taxes due to incentives and exemptions extended to the established units resulting in massive revenue losses.

·        It has resulted in the loss of national resources since most funds have been diverted to fund these projects rather than more critical projects such as education and health.

It has resulted in the exploitation of workers and the degradation of the environment through pollution.