Grade 8 Unplaced Learners: At Home Learning & Platooning

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Questions and Answers

In a mixed economy, which entities participate in the production of goods and services?

  • Households, businesses, and government (correct)
  • Businesses and government only
  • Government and households only
  • Households and businesses only

If a national government requires military uniforms, which economic role does the government fulfill when purchasing these uniforms from a manufacturer?

  • Consumer (correct)
  • Distributor
  • Regulator
  • Producer

Which of the following best describes the role of provincial departments of local government?

  • To oversee national coordination of all nine provinces.
  • To monitor and support municipalities within each province. (correct)
  • To operate independently of the national government.
  • To directly manage the national coordination of provinces.

Why might a government choose to implement excise duties on specific products?

<p>To discourage the consumption of these products. (A)</p> Signup and view all the answers

What role do households play in countries' infrastructure and services?

<p>Households contribute labor, consume electricity and water, and use infrastructure. (B)</p> Signup and view all the answers

In the context of government revenue, what distinguishes direct taxes from indirect taxes?

<p>Direct taxes cannot be avoided, while indirect taxes can be shifted to someone else. (A)</p> Signup and view all the answers

How does investment in education contribute to the government's objective of economic development?

<p>By increasing the earning potential and skills of the population, promoting innovation, and reducing reliance on imports. (B)</p> Signup and view all the answers

What immediate financial action does the implementation of the national budget directly enable?

<p>The ability for government to cover operational costs, such as salaries and infrastructure maintenance. (D)</p> Signup and view all the answers

How do social grants counteract the consequences of historical economic policies?

<p>By supporting vulnerable populations, thereby mitigating the wealth disparities from past discriminatory practices. (B)</p> Signup and view all the answers

Which action reflects a responsible and productive approach to conserving resources?

<p>Conserving finite natural resources. (A)</p> Signup and view all the answers

What is the correlation between national environmental resource quality and productivity?

<p>Compromised condition of national environmental resources limits and obstructs potential economic or productive activities. (A)</p> Signup and view all the answers

What distinguishes modern societies from rural societies concerning interaction with the environment?

<p>The connection between the natural world and those who inhabit remote areas is more apparent as opposed to urban areas. (A)</p> Signup and view all the answers

To achieve economic growth through a national budget, how must the government strategically manage both revenue and spending?

<p>The government must guarantee increased production of goods and services by spending and incentivising new and existing business. (A)</p> Signup and view all the answers

What steps could decrease the damage industrialization does to the environment?

<p>Embracing sustainable consumption, diminishing resource utilization, and limiting pollutants would lower negative impact. (A)</p> Signup and view all the answers

Which characteristic describes a self-sufficient society?

<p>Domination by agricultural activities with low manufacturing levels. (A)</p> Signup and view all the answers

What distinguishes VAT from other forms of taxation?

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Flashcards

What is government?

The people that govern or rule a country or state.

What is democracy?

A system where citizens vote for their representatives in Parliament.

How taxes help the state?

The state runs efficiently, citizens obey state laws, and citizens get needed infrastructure.

What does national government do?

Deals with national issues like safety, foreign affairs, and trade.

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What is the legislative branch?

Has the power to make laws; consists of the South African Parliament.

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What is the executive branch?

Has the power to execute or carry out laws; led by the President.

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What is the judicial branch?

Ensures justice is served through courts like the Constitutional Court.

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What does provincial government do?

Handles economic and specific issues within the province.

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What is a municipality?

A district, town, or city with a local government.

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One important objective of municipalities?

Ensure services such as water, electricity, and housing.

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Households as producers?

They "sell" their labour as a product to businesses.

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Households as consumers?

They buy products that businesses produce.

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Businesses as producers?

They make goods or provide services to sell to others.

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What is a National Budget?

Refers to the summary of governments expected income and expenditure.

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What is a fiscal year?

An accounting period used to calculate annual financial statements.

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What is government revenue?

The amount that the government earns from various sources.

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What are taxes?

A compulsory payment without direct benefit.

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What are direct taxes?

Paid directly to the government by the taxpayer.

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What are indirect taxes?

Paid on goods and services, added to the product price.

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What are excise duties?

Tax levied on tobacco and alcohol products to discourage use.

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Government Expenditure?

Used the revenue it raises to provide public services.

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What are social grants?

Government payments aid poor citizens.

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What is economic growth?

An increase in the capacity of an economy to produce goods.

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What is inflation?

A rise in level prices due to increase of money value.

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What are economic inequalities?

Is the gap in wealth between rich and poor.

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What are social inequalities?

Gap so people have unequal class status.

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What is a standard of living?

Degree wealth available to person/ community.

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What are lifestyles?

The way live their separate communities.

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What are self-sufficient societies?

Societies all provide goods survive.

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What are modern societies?

Society large econ activity with well infrastructure.

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What is unemployment?

People have actively looking work/ can't find it.

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What is productive resources?

Promotes healthy way environment.

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What is capital?

Business money property to start.

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What is owner's equity?

Owner interest the business.

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What is business income?

Money by for e.g service.

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What are expenses?

Cost for able do business.

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What is business profit?

Earned is than have.

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What are transactions?

Transaction value in the journals.

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What is cash receipts?

All from business deposit bank.

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What is duplication?

Amount receive use receipt

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What is eft transfers?

Transfer money bank account

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Study Notes

Accommodating Unplaced Grade 8 Learners in 2024

  • Aims to provide alternative education methods for Grade 8 students without school placements
  • Two approaches are detailed: 'At Home Learning' and 'Platooning'

At Home Learning

  • Provides a structured environment for learners without immediate school placement
  • Empowers learners to engage in CAPS curriculum-based education at home
  • Guidance provided on curriculum, learning activities, and strategies

Platooning

  • Learners share educational experiences in groups
  • Collaborative approach creates temporary learning communities
  • Learners benefit from shared resources and diverse perspectives

Required weekly time in minutes.

  • Home Language: 162 minutes
  • First Additional Language: 126
  • Mathematics: 150
  • Natural Sciences & Social Sciences: 96 each
  • Technology, Economic Management Sciences, Life Orientation, and Creative Arts: 90 each

Planning for Term 1

  • Covers Economic Management Sciences (EMS) for Grade 8, Term 1
  • Topics include the economy and financial literacy
  • Content covers planning according to ATP, outcomes, terminology, content, activities, and memorandums
  • The Data response and controlled tests are formal assessments

The Economy: Government

  • Total time: 3 weeks
  • Outcomes include understanding the meaning of government and its different levels, alongside roles concerning households and businesses

Key terminologies concerning Government

  • Democratic, Elect, Dictator, Government
  • Parliament, Members of parliament, Debate
  • Taxes, Services, Economic development
  • Infrastructure, General election, Legislative
  • Executive, Judicial, Municipality
  • Portfolio, Premier, Sanitation, Metros, Public servants

Government responsibilities

  • Makes a country's laws and protects people
  • Ensures order and provides infrastructure like roads, hospitals, and electricity
  • Administers the State by using taxes to ensure efficiency, law obedience, and economic growth
  • Operates at three levels: National, Provincial, and Local

Government structures

  • National government addresses national issues like safety, security, foreign affairs, and international trade
  • Its branches include the Legislative (makes laws), Executive (executes laws), and Judicial (ensures justice)
  • Provincial governments coordinate provinces, with Departments of Local Government monitoring municipalities
  • Local governments deal with regional/provincial economic issues and provide local services

The Government in action

  • Governments employ people like businesses and provide resources/services
  • Householders pay taxes so the Government can provide these services.
  • Sells services and products and buys goods from and products to the Government
  • Levies' taxes for the use of resources like roads and traffic departments.

The Economy: National Budget

  • Total time: 2 weeks
  • Aim is to study the budget and its influence on economic inequalities.
  • Involves government revenue, direct and indirect tax, government expenditure etc.
  • National Budget describes how the government expects to raise and spend money
  • Revenue is the money amount received as income.
  • Expenditure refers to spent money amounts.
  • The difference between income and expenditure shows a surplus or deficit.
  • Governments may borrow nationally or internationally.
  • Taxes are compulsory citizen payments like customs or excise duties.

Defining Taxes

  • Direct taxes are paid directly to the government, such as personal income tax, company tax, and capital gains tax
  • Direct taxes cannot be avoided
  • Indirect taxes, like VAT, are paid on goods/services, potentially raising prices

Other Taxes,

  • VAT is charged at 15% on goods and services
  • Some products such as vegetables, egg, rice are exempted
  • Excise duties discourage tobacco and similar products.
  • Custom duties apply to imports and exports.
  • Fuel and municipal taxes apply to fuel and municipal rates.

Government Spending

  • Revenue is raised to provide public goods and essential services.
  • Constitution of South Africa guarantees basic education.
  • Grants are provided to the poor and vulnerable citizens,
  • Services such as Housing, Health and Civil Aviation provided.

Economic Factors

  • Economic Growth shows an increase in the capacity to produce goods,
  • Inflation occurs if there is over-printing of money.
  • The government can combat economic inequalities with services,
  • These can include free healthcare and schools with no fees.

The Economy: Standard of Living

  • Total time: 1 week
  • Aims to study the impact on development on lifestyle and the environment.
  • Study's effect of unemployment and promoting a healthy environment
  • Living standards are the access people have to wealth
  • This is seen through the quality of goods and services that can be consumed
  • It varies greatly and it dictates lifestyle

Rural society

  • High density areas,
  • People use technology to get money.
  • They also buy electricity, farm, food and water.

Development effect on urban society

  • Affects the water, air and minerals.
  • Over usage leads to lack of resources, pollution,
  • Lack of employment.

Resources used must,

  • Contribute toward a productive way.
  • Growth must happen.

Financial Literacy: Accounting Concepts

  • Total Time: 2 weeks
  • Aims to get people to learn the accounting concepts.
  • A sole trader is a business run by a person and managed correctly,
  • The debit side is to the left, whilst credit is to the right,
  • Assets can be converted to money, liabilities show debt.
  • Owners equity is monetary interest and profit show is income is more than expenses.
  • Banking institutions safeguard business money.

Financial Literacy: Source Documents

  • Total Time: 1 week
  • The aim is to learn about source documents.
  • Bank and deposit slips.
  • Internal/External documents contain the information that helps people with point of views.
  • A duplicate receipt can record cash received or EFT.
  • A receipt Is used by vendors if money is received by the business.
  • The number and amount paid can be seen on a till slip,
  • Can be useful if paying by EFT/EFT reference.

Bank Statements

  • Business receive Bank Statement that shows the deposits as well as withdrawals for the month
  • The bank accounts are reconciled from there.
  • Cash invoices/slips, to record all transactions and requests.

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