Economics Case Study GR 12 SBA 2024
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Economics Case Study GR 12 SBA 2024

Created by
@MeaningfulCarnelian7490

Questions and Answers

Which policy was launched prior to the Expanded Public Works Programme (EPWP)?

  • AsgiSA
  • National Development Plan
  • RDP (correct)
  • NDP
  • In which sector has the EPWP created significant employment opportunities?

  • Construction (correct)
  • Mining
  • Information Technology
  • Manufacturing
  • How many jobs were generated during phases I to IV of the EPWP?

  • 500,000
  • 1 million
  • 2 million
  • 1.5 million (correct)
  • Which initiative provides training and skilling as part of its objectives?

    <p>JIPSA</p> Signup and view all the answers

    What is one way the EPWP helps improve the socioeconomic conditions of participants?

    <p>Providing work experience</p> Signup and view all the answers

    Which of the following growth and development policies was launched before the EPWP?

    <p>AsgiSA</p> Signup and view all the answers

    In which sector did the EPWP create significant employment opportunities?

    <p>Construction</p> Signup and view all the answers

    How many jobs were created during phases I-IV of the EPWP?

    <p>3 million</p> Signup and view all the answers

    Which strategic initiative emphasizes training and skilling?

    <p>JIPSA</p> Signup and view all the answers

    What is one of the ways the EPWP improves participants' socioeconomic conditions?

    <p>Enhancing skills through training</p> Signup and view all the answers

    Which growth and development policy was launched before the EPWP?

    <p>AsgiSA</p> Signup and view all the answers

    In which sector did the EPWP create employment opportunities?

    <p>Infrastructure</p> Signup and view all the answers

    How many jobs were created in phases I - IV of the expanded public works programme?

    <p>2 million</p> Signup and view all the answers

    Which initiative provides training and skilling?

    <p>JIPSA</p> Signup and view all the answers

    What is a natural benefit?

    <p>Conservation of resources</p> Signup and view all the answers

    Study Notes

    2.1 Expanded Public Works Programme (EPWP)

    • Growth and development policy launched before EPWP: Various policies in the South African context such as the Growth, Employment and Redistribution (GEAR).
    • Sector where EPWP created employment opportunities: Key sectors include construction, infrastructure, and social services.
    • Jobs created between phase I - IV of EPWP: Over 1 million jobs were generated in this timeframe.
    • South African growth and development policy that provides training and skilling: JIPSA (Joint Initiative on Priority Skills Acquisition).

    2.1.5 Socioeconomic Improvements from EPWP

    • EPWP focuses on skills development, providing individuals with work-based training.
    • Participants also receive support services, enhancing their employability and socioeconomic stability.

    2.2 Natural Benefits and Property Subsidies

    • Natural benefits: These refer to the positive effects derived from natural ecosystems, enhancing overall well-being and environmental quality.
    • Example of a natural benefit: Biodiversity, which supports ecological balance and natural resources.
    • Subsidies on property: Financial assistance provided by the government to homeowners or landlords, aimed at reducing living costs and promoting housing affordability.

    2.2.2 Income Distribution and Economic Growth

    • Uneven income distribution can hinder economic growth, as it limits access to resources and opportunities for the lower-income population, potentially stalling overall economic development.

    2.2.3 North-South Collaboration on Climate Change

    • Countries in the North and South can share technology and funding to implement sustainable practices.
    • Joint initiatives can promote knowledge exchange focusing on renewable energy and climate resilience strategies to address global climate challenges.

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    Description

    This quiz focuses on the expanded public works programme (EPWP) and its impact on employment opportunities in South Africa. Explore growth and development policies that preceded EPWP and their contributions to job creation and skills training. Test your knowledge on specific details and initiatives related to these economic strategies.

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