In summary, Nelson Mandela believed that a nation's greatest wealth is its people because they are the source of its human capital, social cohesion, and democratic participation. By investing in its people, a nation can build a strong and prosperous society that benefits everyone.
My country is rich in the minerals and gems that lie beneath its soil, but I have always known that its greatest wealth is its people, finer and truer than the purest diamonds.
Nelson Mandela said that the wealth of his country lies not in its natural resources, but rather its people were the real wealth.
According to Mandela, true freedom means freedom not to be obstructed in leading a lawful life.
For Mandela, courage does not mean the absence of fear but a victory over fear. According to him, brave men need not be fearless but should be able to conquer fear. Was this answer helpful?
Nelson Mandela learnt the meaning of courage from great patriots and comrades in the struggle. They risked their lives and stood up to attacks and tortures of the apartheid regime. He learned that courage was not the absence of fear but the triumph over it. The brave man is not he who doesn.
After 27 years in prison, Nelson Mandela was freed in 1990 and negotiated with State President F. W. de Klerk the end of apartheid in South Africa, bringing peace to a racially divided country and leading the fight for human rights around the world.
Nelson Mandela set the ideals of liberating people from the bondage of poverty, suffering, and deprivation. He also set the ideals for a society where there would be no discrimination supported based on gender or racial origins.
The African National Congress won a 63 percent share of the vote at the election, and Mandela, as leader of the ANC, was inaugurated on 10 May 1994 as the country's first Black President, with the National Party's F.W. de Klerk as his first deputy and Thabo Mbeki as the second in the Government of National Unity.
Mandela's understanding of freedom changed with age and experience. He was carefree and felt free during his childhood as he could do all he wanted without having to worry about the outside world. Later in his life, his definition of freedom changed as he desired other things.
Nelson's final words (as related by all three written accounts) were, "Thank God I have done my duty." He is said to have repeated this statement until he became unable to speak. Although Surgeon Beatty records this, he was not present when Nelson became unable to speak and returned just before Nelson died.
Nelson's motto, 'Palmam qui meruit ferat', ('let he who has earned it bear the palm') is inscribed in a scroll along the bottom.
The central thesis of Smith's The Wealth of Nations is that our individual need to fulfill self-interest results in societal benefit. He called the force behind this fulfillment the invisible hand.
Key results. The top 10% own 86% of aggregate wealth and the top 0.1% close to one third. The top 0.01 % of the distribution (3,500 individuals) concentrate 15 % of household net worth, more than the bottom 90 % as a whole.
Instead, Smith proposed that the wealth of a nation consisted of both farm output and manufactured goods along with the labor it took to produce them. To increase its wealth, Smith argued, a nation needed to expand its economic production.
He was the country's first black head of state and the first elected in a fully representative democratic election. His government focused on dismantling the legacy of apartheid by fostering racial reconciliation.
Freedom Day is a public holiday in South Africa celebrated on 27 April. It commemorates the first post-apartheid elections held on that day in 1994 and the day on which the new constitution was introduced.
Answer: 10th of May 1994 was a red-letter day in the history of South Africa. It was the day when the hated regime of apartheid came to an end. A new democratically elected non-racial government under Nelson Mandela was to be sworn in.
1994 in South Africa saw the transition from South Africa's National Party government who had ruled the country since 1948 and had advocated the apartheid system for most of its history, to the African National Congress (ANC) who had been outlawed in South Africa since the 1950s for its opposition to apartheid.
"I Am Prepared to Die" is the name given to the three-hour speech given by Nelson Mandela on 20 April 1964 from the dock of the defendant at the Rivonia Trial. The speech is so titled because it ends with the words "it is an ideal for which I am prepared to die".
When Mandela was a boy, freedom for him meant to run freely in the fields and to swim in the streams. As a young man he wanted basic and honourable freedoms, e.g. to earn his living, to marry and to have a family. According to Mandela, true freedom means freedom not to be obstructed in leading a lawful life.
Over the next 95 years, Mandela would help topple South Africa's brutal social order. During a lifetime of resistance, imprisonment, and leadership, Nelson Mandela led South Africa out of apartheid and into an era of reconciliation and majority rule.
Mandela is considered the father of Modern South Africa. He was instrumental in tearing down the oppressive government and installing democracy. Mandela received the Nobel Peace Prize in 1993 for peacefully destroying the Apartheid regime and laying the foundation for democracy.
Mandela wanted to thank all the African patriots who no longer exist.