Answer to Question #156105 in Political Science for Noluvuyo

Question #156105

How did white monopoly begin?

How Did it come about?


1
Expert's answer
2021-01-22T08:38:45-0500

Origin of the white monopoly capital dates back in the early 1950s during the liberation war in South Africa. The term was initially used to express displeasure over economic dominance of white people in South Africa. Consequently, during the post apartheid period, whites still owned big businesses in the country thus evoking the racist terminology.


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