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Is South Africa a developed country?
South Africa is not a developed country but a developing country. South Africa is the second largest economy in Africa.

nbsp? Because of the legendary story of black Mandela, the whole world knows South Africa, but many people only know that South Africa is in Africa, and it is not clear whether South Africa is a developed country. Let's get to know each other.

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South Africa is a middle-income developing country. South Africa is the second largest economy in Africa, with the highest living standard per capita, the most perfect industrial system in Africa and the world's first deep mining technology. Minerals are the main source of South Africa's economy. However, the development of various departments and regions of the national economy is unbalanced, and the characteristics of urban and rural, black and white dual economy are obvious. In 2008, affected by the international financial crisis, South Africa's economic growth rate dropped to SRC = "/E 61KLOC-0/90E76E7E4B 2068B5EFAAF 51F3DE61B? x-BCE-process = image % 2f resize % 2Cm _ lfit % 2Cw _ 750% 2Ch _ 450% 2c limit _ 1% 2f quality % 2Cq _ 85% 2f format % 2Cf _ auto "/& gt;

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South Africa is rich in mineral resources and is one of the top five countries in the world. There are more than 70 kinds of proven reserves and exploitable minerals. The reserves of platinum group metals, fluorite and chromium rank first in the world, gold, vanadium, manganese and zirconium rank second, titanium ranks fourth, phosphate rock, uranium, lead and antimony rank fifth, coal and zinc rank eighth and copper ranks ninth.

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South Africa is a middle-income developing country and one of the most developed countries in Africa. Natural resources are very rich. The financial and legal systems are relatively perfect, and the infrastructure such as communication, transportation and energy is good. Mining, manufacturing, agriculture and service industries are all developed, which are the four pillars of the economy. Deep well mining and other technologies are in the leading position in the world.

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However, the development of various departments and regions of the national economy is unbalanced, and the characteristics of urban and rural, black and white dual economy are obvious. From the early 1980s to the early 1990s, affected by international sanctions, the economy declined. The new South African government has formulated the "Reconstruction and Development Plan", which emphasizes improving the social and economic status of blacks. The "Growth, Employment and Redistribution Plan" was launched on 1996, aiming at achieving economic growth, increasing employment and gradually changing the unreasonable distribution situation by promoting privatization, reducing fiscal deficit, increasing the flexibility of the labor market, promoting exports, relaxing foreign exchange controls, and encouraging the development of small and medium-sized enterprises.

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Manufacturing, construction, energy and mining are the four major sectors of South Africa's industry. The manufacturing industry has complete categories and advanced technology. The main products are steel, metal products, chemicals, transportation equipment, machinery manufacturing, food processing, textiles, clothing and so on. Iron and steel industry is the pillar of South Africa's manufacturing industry, with six iron and steel conglomerates and 130 steel enterprises. In recent years, uncompetitive industries such as textiles and clothing have shrunk, and emerging export industries such as automobile manufacturing have developed rapidly.