The impact of urbanization on the south Africa economy was that it permit transactions costs, and allows specialization.
What is Urbanization?
urbanization can be regarded as the population shift from rural to urban areas and this bring about the corresponding decrease in the proportion of people.
However, this help to bring about mechanization as well as specialization which help in the development of the economy.
Urbanization can be described in sociology ad the process that involves the increase as well as the advancement in the number of people living in urban areas.
It should be noted that in urbanization there are ways in which the population usually adapts with different changes that comes along with it.
In conclusion, Urbanization brought about increases with industrialization and The impact of urbanization on the south Africa economy was that it permit transactions costs, and allows specialization.
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