EMS Grade 7 Worksheet Book - mr adams

1 GRADEACTIVITIES AND ASSIGNMENTSNAMECLASS7economicandmanageme nt sciencesEMS_Grade 7 Worksheet 12014/09/01 1:56 PMPublished by:MaraMedia I PO Box 54 I Strubensvalley I 1735 Copyright of the material contained in this publication vests with MaraMedia Publishing (Pty) Ltd. Great care has been taken to ensure that the information contained within this publication is accurate and up to date at the time of writing. MaraMedia Publishing (Pty) Ltd is grateful for the permission to reproduce and/or translate any third party copyrighted material used in this publication. Acknowledgements are included where appropriate and, if notified, the publishers will be pleased to rectify any errors or omissions at the earliest opportunity. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means whatsoever, without the prior written permission of the : 978-1-920536-11-4 EMS_Grade 7 Worksheet 22014/09/01 1:56 PMmodule01 History of MoneyCONTENT AREA: THE ECONOMYEMS_Grade 7 Worksheet 32014/09/01 1:56 PM4 MaraMedia Publishing (Pty) ACTIVITY MoneyWrite down another saying that focuses on money in the space provided below:Can you find a Bible verse that speaks of money / posessions?

2 EMS_Grade 7 Worksheet 42014/09/01 1:56 PM5 MaraMedia Publishing (Pty) ACTIVITY Game: Money songsLet us play a game listen to the following songs that will be played to you and see if you can match the name of the song to the singer:Name of songsSingerMo Money Mo McCoyMoney, money, must be a rich man s StefaniCan t buy me love don t care too much for money, moneycan t buy me love MareeEk sou kon doen met n FloydRich certainly seems to make the world go you agree?Ye sNoWhy do you think this saying is used so often?EMS_Grade 7 Worksheet 52014/09/01 1:56 PM6 MaraMedia Publishing (Pty) ACTIVITY Traditional societiesFind a picture of the Khoi-San (hunter-gatherers) and paste it in the space provided below:GLUEEMS_Grade 7 Worksheet 62014/09/01 1:56 PM7 MaraMedia Publishing (Pty) ACTIVITY Dictionary work new wordsSubsistence farming:Production:Consumption:Distribut ion:Complete the table by comparing subsistence farming with commercial (modern day) farmingCommercial farmingWorkersAmount of stock or animals farmed withSize of the farmFarming equipmentUse a dictionary to complete the table below:EMS_Grade 7 Worksheet 72014/09/01 1:56 PM8 MaraMedia Publishing (Pty) ACTIVITY BarteringList as many examples of objects that were used for bartering as you 7 Worksheet 82014/09/01 1:56 PM9 MaraMedia Publishing (Pty) does the term Rand come from?

3 Why did South African 1c, 2c, and 5c coins go out of circulation?Which other coins previously, used in South Africa are also out of circulation? ACTIVITY Money - Research ActivityDo some research to answer the following questions:EMS_Grade 7 Worksheet 92014/09/01 1:56 PM10 MaraMedia Publishing (Pty) paper money really made from paper?How can you tell the difference between real money and falsified money? ACTIVITY MoneyDo some research to answer the following questions:EMS_Grade 7 Worksheet 102014/09/01 1:56 PM11 MaraMedia Publishing (Pty) rateAmericaEnglandUAEA ustraliaEuropeWhich country in the world has the strongest currency? ACTIVITY The role of moneyWhich currencies are used in the following countries? Find the exchange rate for their currency and the South African Rand. EMS_Grade 7 Worksheet 112014/09/01 1:56 PM12 MaraMedia Publishing (Pty) ASSIGNMENT 1 Mini-money project Proudly South AfricanThe history of South African moneyInstructions:Presentation: poster, file, or booklet formatHeadings and sub-headings are essential in a neat may be typed or translate the information into your own pictures to illustrate some of the points research in your school s IT centre or at home to find information on the following:Which currency was used in South Africa before Rand and Cents?

4 (2)When and why were Rands and Cents introduced in South Africa? (3)Where did the Rand name originate from? (3)List all the coins ever used in South Africa.(5)Using pictures, list all the banknotes ever used in South Africa using pictures. (4)Which pictures were previously used on banknotes and which are being used on the current banknotes?(3)Information - use the mark allocation as specified above(15)Layout (4)Presentation(5)Pictures (4)Bibliography(2)TOTAL (35)EMS_Grade 7 Worksheet 122014/09/01 1:56 PM13 MaraMedia Publishing (Pty) : EMS PROJECT THE HISTORY OF SOUTH AFRICAN MONEY 54321 InformationCurrency previously used in SAWhen and why were Rands and Cents introduced in SA?Where did the name Rand originate from?All SA coins ever usedAll SA banknotes ever usedPictures on old and new banknotesSub-total/20 LayoutHeading, sub-headings and pictures are clearly and neatly structured and set outExcellentGoodFairNeeds im-provementPresentation: General impression and neatness Very impressive (extra effort)Neat, well doneSatisfactoryNeeds im-provementPictures:Amount and relevance of picturesRelevant pictures for most of the questionsFair amount of relevant picturesFew relevant picturesInsufficient amount of picturesBibliographyClearly specifiedGeneral website (not specific)Total/35 Teacher s comment:EMS_Grade 7 Worksheet 132014/09/01 1:56 PMmodule02 CONTENT AREA: THE ECONOMYThe EconomyEMS_Grade 7 Worksheet 142014/09/01 1:56 PM15 MaraMedia Publishing (Pty) ACTIVITY Let us play Survivor Divide into groups of 5 and brainstorm the following scenario.

5 You will be dropped off on a remote tropical island for a month. Apart from the rich plant life the only other living creatures are small animals. It often rains on tropical islands, but in general the temperatures are warm. Your group may choose one of the following things to take with you: Lighter Knife Tent Compass 5 litre water bottleDiscuss the following in your groups:1. Which item would you choose and why?2. Discuss why you will not choose the other What is the first thing that you will do on the island?4. Make a list of other important things that you will do in order to survive for a month. Report back and listen carefully to each group s ideas and comment on 7 Worksheet 152014/09/01 1:56 PM16 MaraMedia Publishing (Pty) ACTIVITY Compare lifestyles Compare the following pictures illustrating three types of lifestyles.

6 Complete the table by making a tick in the column if their basic needs are being 7 Worksheet 162014/09/01 1:56 PM17 MaraMedia Publishing (Pty) San peopleb. Rural family c. Urban familyBasic survival needsAir ShelterFoodDrinks (water)ClothingOther needsSafety and securityHealth careTransportEducationWater and electricityCommunication (interaction with other people)Recreation (sport or relaxing)Cultural or religious needsImagine that you have just won the national lottery. After you have bought all the things that you need, make a list of five things that you would like 7 Worksheet 172014/09/01 1:56 PM18 MaraMedia Publishing (Pty) ACTIVITY World countriesList first world and third world countries in the World CountriesSecond World CountriesThird World CountriesEMS_Grade 7 Worksheet 182014/09/01 1:56 PM19 MaraMedia Publishing (Pty) ACTIVITY Word the needs and wants in the word search below.

7 Circle the needs in one colour and the wants in a different 7 Worksheet 192014/09/01 1:56 PM20 MaraMedia Publishing (Pty) needSecondary needPrimary needSecondary needPrimary needSecondary needPrimary needSecondary needPrimary needSecondary needPrimary needSecondary need ACTIVITY Look at the pictures and decide whether it illustrates a primary (basic) need or a secondary (luxury) need. Circle the correct 7 Worksheet 202014/09/01 1:56 PM21 MaraMedia Publishing (Pty) ACTIVITY Maslow s hierarchy of needsFind pictures or draw pictures to illustrate the different levels of needs. Label each 7 Worksheet 212014/09/01 1:56 PM22 MaraMedia Publishing (Pty) ACTIVITY Mr Smith earns R10 000 per month. Here is a list of his needs and wants. 1. Help him prioritise his needs and wants in order of importance (Number 1-10) 2. Tick in the appropriate column whether it is a need or want.

8 (Write the amounts under the needs/wants column, and add the totals)Needs and wantsCost Prioritise Needs Wants New flat screen TVR 4 000 Camping weekendR 2 000 PetrolR 500 Medical aidR 1 500 Rent for the houseR 4 000 Engagement ringR 3 000 ClothingR 500 Entertainment R 500 Water and electricityR 1 000 FoodR 2 000 TOTALEMS_Grade 7 Worksheet 222014/09/01 1:56 PM23 MaraMedia Publishing (Pty) Mr Smith have enough money to satisfy all his needs?How much money will he have left over after satisfying his needs?How can he use this left over money wisely in order to satisfy some of his wants?Another problem is that the resources required to produce the products may be scarce. InModule 4 you will learn about the production factors necessary to produce products. One ofthe factors is the availability of natural resources. For example, we mine coal in South Africa to make electricity (ESKOM) and to produce petrol (SASOL).

9 This natural resource is a non-renewable resource and will eventually run out. We are therefore faced with another problem of how to satisfy the need for fuel and electricity with the limited natural resources available to do you think this problem can be solved?Looking at the list of basic survival needs and other needs covered in activity 2, do you think the basic needs of all South African families are met? EMS_Grade 7 Worksheet 232014/09/01 1:56 PM24 MaraMedia Publishing (Pty) TO THE CONSTITUTION OF SOUTH AFRICA EVERYONE HAS THE RIGHT TO: Clean, safe water Education A house Food Health careThere are many South African families whose basic needs are not being met. A lack of educationprevents a lot of people from getting a job that will earn enough income, which in turn will helpthem to buy the things they need or responsibility is it to help these people? Find out what the government is doing to meet the basic needs of all South Africans.

10 ACTIVITY ResearchEMS_Grade 7 Worksheet 242014/09/01 1:56 PM25 MaraMedia Publishing (Pty) ACTIVITY LogosFind the logos for the following government - TelkomSafety and security - the policeDepartment of EducationBroadcasting service - SABCP ostal services - Post OfficeTransport - SpoornetTransport - South African AirwaysRubbish removal - PikitupSPCAThe SA Roads AgencySANRALEMS_Grade 7 Worksheet 252014/09/01 1:56 PM26 MaraMedia Publishing (Pty) ACTIVITY Crossword puzzleDo some research, then complete the crossword puzzle to find out exactly where the government gets money from in order to provide the necessary service to households and :1) Direct taxes are taxes that households and businesses pay on their i , it is also referred to as income ) Indirect taxes are taxes that consumers pay to a business and not d to the government.