500
South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, transport sectors and modern infrastructure supporting an efficient distribution of goods to major urban centers throughout the region. Daunting economic problems remain from the apartheid era - especially poverty, lack of economic empowerment among the disadvantaged groups, and a shortage of public transportation. South Africa's main exports include gold, diamonds, machinery and equipment.
What is an industrialized Economy?