Economic and Management Sciences Grade 8 - Wamark

1 Economic and Management Sciences Grade 8. Head, heart and hand Series Yvette Gietl Wamark . PUBLISHERS. ENRICHED VERSION VS CONDENSED VERSION. Alongside the enriched EMS 8 and 9 workbooks, we also have condensed versions. This table will explain the differences and benefits of each. ENRICHED EMS WORKBOOKS CONDENSED EMS WORKBOOKS. This version suits schools with 3 or more This version suits schools with very lessons allocated to EMS per cycle. limited time have fewer than 3. The topics covered will prepare learners lessons per cycle or have allocated for Grade 10. more time to Accounting. Include CAPS CAPS only Revision Topics and Activities * *.

2 Enrichment Topics and Activities * *. Tear - out Activities 22 23 11 13. Set out in SUBJECTS. namely: Economics, * *. Financial Literacy and Entrepreneurship * *. Set out Term 1 4 in TOPICS as per CAPS. Price incl. VAT R 160 R 160 R 120 R 120. Economic AND Management Sciences Grade 8. INDEX. LEARNER SUPPORT MATERIAL PAGE ACTIVITY ASSESSMENT PAGE. NUMBER. Personal Goal Statement 1-2. Plot your Progress 3-4. Continuous Homework Assessment 5-6. 1. THE ECONOMY. Needs and wants 7 - 10 Presentation 1 11 - 12. Goods and services 13 - 14 Project 2 15 - 16. Factors of Production 17 - 21 Case Study 3 22.

3 The SARB (Banking). 23 - 25 Worksheet 25 - 28. Rates of Exchange Repro rate Class Activity Functions of the Reserve Bank Role of DTI's Government 29. Government of National Unity The Constitution The Constitutional Court Apartheid 30. RDP: 31. Role of business and NGO's 32 Investigation 4 33 - 40. Role of Government 40 Class Activity 41 - 42. National Income Data The National Budget 43 Response 5 44 - 50. Proudly South African 51 Class Activity 52. Project 6 53 - 54. International Trade Project 7 55 - 56. Causes of International Trade 57- 60 Board Game 61 - 62. Micro and Macro Economics 63 - 64.

4 Households - consumers/ 65. individuals Firms/Businesses The Goods Market The Factor Market The Circular Flow of Goods 66. and Services The Circular Flow of Income 67. and Spending Goods and Services produced 68. by Government: The Governement as Consumer 69. and Producer The Financial Sector 70 Test 8 71 - 72. Economic AND Management Sciences Grade 8. INDEX. LEARNER SUPPORT MATERIAL PAGE ASSESSMENT. ACTIVITY NUMBER PAGE. Standard of living 73 - 78 9. Traditional, modern, rural and Data Response 79 - 80. Survey 10 81 = 82. self sufficient societies Carbon Footprint and Global Warming Case Study 11 83 - 84.

5 Inflation Measuring inflation 85 - 87. Causes of inflation 88 - 89. Demand Pull Cost Push 90 - 92 Investigation 12 93 - 94. 2. FINANCIAL LITERACY. Game 99 - 102. Savings and 95 - 98. Class Activity 103 - 104. Investment Savings Data Response 13 105 - 108. Net Worth Statement 109 - 110 Practical demonstration 14 111 - 112. 3. ENTREPRENEURSHIP. Productivity 113 - 114 . Labour 115 - 116 Research 15 117- 118. FOP - Fair Labour Practices 119 - 126 Project 16 127 - 130. Levels and Functions of Management (POLC). Management Styles 131 - 134 Case study 17 135 - 136. Starting a business 137 Worksheet 138.

6 Qualities of a successful 139. entrepreneur Advantages/Disadvantages of 140. entrepreneurship Acquisition of Capital 141 - 142. borrowed and own The New Companies Act 143 - 146. - CIPC crossword 1 18 147 - 148. - MOI. Forms of Business Ownership crossword 2 19 149 - 150. Companies: 151 - 154. - Non Profit Company (NPC). - Private Comapany PTY (Ltd). - Public Company (Ltd). - Incorporated - State Owned Company - Foreign Company Other Forms of Ownership: - Co operatives - Close Corporations Case - Sole Proprietor 20. - Franchise Study 151 - 154. Advantages and Disadvatages of the different forms of ownership 155 - 162.

7 Project 21 163 - 166. STANDARD OF LIVING. 1. LIFESTYE. Lifestyle is a term to describe the way a person lives. A lifestyle is a bundle of behaviours including social relations, consumption, entertainment and dress. 2. THE DIFFERENCE BETWEEN TRADITIONAL. AND MODERN LIFESTYLES/ SOCIETIES. Traditional' refers to those societies that are small scale and are derived from indigenous and often ancient cultural practices. Modern' refers to those practices that relate to development on a large scale. These societies co- exist in the world today. There are no longer completely modern or traditional societies.

8 3. TRADITIONAL SOCIETIES IN SOUTH africa . Colonization and then Apartheid threatened traditional societies in South africa . The core values of traditional societies were eroded due to harsh treatment of the indigenous people. During Apartheid most families lived apart and many still do a women works as domestic worker and lives in . There is no room for her husband or children. Her husband lives at his place of work and their children are left with family in the homelands. Another example is miners. Land Occupation Belgium France Germany Great Britian Italy Portugal Spain Independent Colony: A country or region governed by another country 73.

9 South africa has a wealth of traditional societies. They are both an asset and heritage for our country. Traditional societies are a drawcard for tourists. The traditional methods of making goods jewellery are very popular and are even exported. Ecotourism favours these societies as they usually border the game parks. They are therefore directly involved with tourism and benefit from it. Local men and women may be trained as tour guides, chefs, cleaners, drivers etc. 4. RURAL SOCIETIES. Rural communities are distanced from concentrated population and Economic activity. In other words the people do not live in close proximity to one another and don't have easy access to shops and facilities hospitals.

10 Many people have moved from the rural areas to the cities to study and find work. There is however still a large number of people that still live in these remote areas. Their lives are difficult and resources are scarce. Their methods of farming are mainly subsistence (no surplus to sell). 74. Large scale farmers as well as traditional homesteads are located in rural areas. Crime is often a problem due to high unemployment. Education is often sub- standard and many schools do not have electricity or running water. The challenges learners face are enormous and often have to walk many kilometres to get to school.