Grade 11 - Economics

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Decks in this class (37)

Term 1 - Topic 1 Unit 1
What are the characteristics of n...,
Explain the importance of natural...,
South africa is rich in natural r...
14  cards
Term 1 - Topic 1 Unit 2
What does economically marginalis...,
What are the reasons why you will...,
What did the government in south ...
3  cards
Term 1 Topic 1 Unit 3 (Econimically marginalised groups) p20,21
Who are economically marginalised...,
What are the main reasons for mar...,
Since 1994 different programmes h...
9  cards
Term 1 - Topic 2 UNIT 1 (p27)
What are durable goods name an ex...,
What are semi durable goods name ...,
What are non durable goods name a...
6  cards
Term 1 - Topic 2 Unit 2
What is economical spencing,
Economical spending can be classi...,
What is functional spending
5  cards
Term 1 - TOPIC 2 UNIT 3 (p36)
Gross fixed capital formation mea...,
When a company spends money on ca...,
Gross capital formation means no ...
8  cards
Term 1 - TOPIC 3 UNIT 1
Privatisation and could be practised,
What is privatisation provide an ...,
What is nationalisation provide a...
6  cards
Term 1 - Topic 4 UNIT 1 (p58, p63) Focus on primary & tertiary sector
Explain the primary sector,
South africa is the biggest produ...,
The importance of the primary sec...
12  cards
Term 1 - Topic 4 Unit 2 (p65 - p69)
Transport communications form par...,
What does the main component of a...,
What does the communication secto...
17  cards
Page 39, 40
Definition of gdp,
What provides the value for the a...,
Value added means
10  cards
Page 42
What is gni,
What is the gni approach,
Gni is to gdp a income from other...
6  cards
Page 47
What are the most common economic...,
Give another name for market economy,
Give another name for centrally p...
5  cards
Page 196 & p197
What is the meaning of intrinsic ...,
Money is an acceptable means of,
The economy would not function wi...
16  cards
Methods of development (p156)
Economic growth is being accompan...,
Define attracting new business,
Define building community capacity
7  cards
Different interest rates (p208)
Name 3 x different interest rates,
Explain the repurchase rate,
Who fixes the repo rate and who i...
6  cards
Gini coefficient & Lorenz curve (p139, p140)
The lorenze curve is the 2nd inst...,
The lorenze curve was developed b...,
The gini coeffiecient is the 3rd ...
5  cards
Know your money (p197)
Which animal is on a r10,
In which economic sector does the...,
Which animal is on the r100
4  cards
Monetary policy (p204)
The monitory policy is a set of r...,
How does the reserve bank ensure ...,
Explain how the interest rate is ...
5  cards
Quantity Theory (p202)
Quantity of goods the value of mo...,
Quantity of goods the value money...,
Quantity of goods the value of mo...
4  cards
Fiscal policy (p203)
What does government use to influ...,
A huge cause of inflation is the ...,
If consumers have less money to s...
5  cards
marginal utility
Marginal utility
1  cards
Elasticity off supply and demand
The price elasticity of demand ed,
Calculating the price elasticity ...,
Perfectly inelastic demand
11  cards
market structure pg.102-110
Homogeneous or heterogeneous,
Heterogenous,
Monopoly market structure
7  cards
costs
Short run costs,
Short run cots,
Long run costs
3  cards
revenue
Total revenue,
Total revenue,
Average revenue
4  cards
trade pg.237
Sadc,
What does sa government promote,
Trade liberation
4  cards
environmentally sustainability
Sustainable development,
Sustainable development
2  cards
perfect and imperfect markets pg.102+110
Perfect market,
Imperfect market
2  cards
Multinational enterprises
What are mne s,
What are advantages of mne s,
3  cards
WTO(world Trade Organisation) pg.249
What are the differences of wto
1  cards
erosion pg.264
What is carbon emissions,
Eskom uses coal to generate elect...
2  cards
green tax PG.273
What is green tax,
What the objective of green tax
2  cards
lorenz curve
Lorenz curve,
2  cards
Quintile Ratio p137
To calculate the quintile ratio t...,
The lowest income earning group i...,
The income earning groups are called
5  cards
Redistribution Methods p142
An objective of the government is...,
Most governments use the tax syst...,
Government uses money received fr...
13  cards
ACTS P267-P269
The national environmental manage...,
The national environmental manage...,
States that world heritage sites ...
12  cards
North-South divide p257 - p259
The north south divide is also ca...,
The north south divide brandt lin...,
Explain what the north south divi...
15  cards

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Grade 11 - Economics

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