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GRADE 7 ECONOMIC AND MANAGEMENT SCIENCES TERM 1

1 GRADE 7 ECONOMIC AND MANAGEMENT SCIENCES TERM 1 TOPIC 1: THE ECONOMY THE HISTORY OF MONEY Lesson Traditional societies 3 Modern Societies 4 Bartering 4 Disadvantages of bartering 5 Lesson Early forms of money 6 History of coins and paper money 6 Lesson Promissory notes 7 Lesson Advantages and disadvantages of using the Internet for banking and buying. 9 Lesson Security features on a South African Banknote 10 The role of money 10 Lesson Consumer Economy 11 TOPIC 2: NEEDS AND WANTS Lesson An individual s basic needs 12 Basic needs of communities and countries 12 Lesson Maslow s hierarchy of needs 13 Survival needs 14 Security needs 14 Social needs 14 Self-esteem needs 14 Lesson Group Activity 15 Lesson Limited resources to satisfy needs a

1 . GRADE 7 ECONOMIC AND MANAGEMENT SCIENCES TERM 1 TOPIC 1: THE ECONOMY – THE HISTORY OF MONEY Lesson 1.1 Traditional societies 3 Modern Societies 4

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