Economic Management Sciences Grade 7 November 2019 QP

Downloaded from hlayiso.com Grade 7 HERBERT HURD PRIMARY SCHOOL 18 November 2019 Time: 75 mins EMS ASSESSMENT *** RULE OFF AFTER EACH QUESTION*** QUESTION 1 Study the following pictures numbered 1-6 and describe which consumer right is being highlighted.

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Downloaded from hlayiso.com QUESTION 2 Fillin the missing words: . World Consumer Rights Day is celebrated on . SWOT analysis stands for strengths, weaknesses, .... . Asource document is a record of a.... ...and it contains basic information. . The first democratic took place in 1994. . The premier of the Eastern Cape is . When you buy something , you enter into a . To “redress” is to correct a job opportunity is a job that lasts for a long time. . Source documents that a transaction has taken place. O} cceasunsenonnces examine financial records and check if they are in order. 11. Source documents should be stored in a fire-proof QUESTION 3 Answer the following questions: 12. Name the 3 levels of government in South Africa. 13. Name two reasons for the increased use of technology in production. [2] 14. Explain the term, ‘Production’. [2] 15. Give an example of a renewable resource. 1] 16. Name the three main services offered by banks. [3] 17. Name one way in which we can use resources in a sustainable way. [1] 18. What do we call technology that doesn't harm the environment and cause much pollution? [1] 19. Give an example of an input. ia 20. Name 3 reasons why people save money. [3] 21. Name 3 bad effects of using modern technology. [3] [20] QUESTION 4: (True or False) State whether the following statements are True or False. If False, please correct where necessary: 22. The South American constitution includes a Bill of Rights. 23. The Minister of Finance is Malusi Gigaba. 24. Outputs are the final goods and services which businesses sell and consumers buy. 25. From 1995, all people in South Africa could exercise their right to vote. 26. The first democratic elections took place on 24 April. [5]

Downloaded from hlayiso.com QUESTION 5 Match the correct statement in column B with the correct word in column A: Write just the letter. eg. 27 B Column A Column B 27. Rural/farm living A. Business produces high quality products 28. Banks B. Discriminatory laws 29. New Economic Growth Path C. A plan to create 5 million jobs 30. Strengths D. The final product that will now be sold to the consumer 31. Urban/city living E. Act as intermediaries 32. Outputs F. Easier to “live off the land” 33. Apartheid G. More job opportunities QUESTION 5 Answer the following LONG questions: The South African constitution includes a Bill of Rights, which protects the rights of all people in the country. 34. Name 5 political rights. [5] To be able to vote, people need to meet certain conditions. 35. Name any 5 conditions of voting. [5] A commercial bank is a business, so it aims to make a profit. 36. Name 5 services offered by banks that make it easier for their clients. 15] “Socio-economic imbalances are the uneven spread of social and economic resources”. 37.Name 5 factors that cause these imbalances. [5] 75 marks | ) su CHILDREN HAVE RIGHTS }