# Economics Grade 9 Paper 2 Gauteng June 2022 Memo (English)

> Grade 9 Economics Paper 2 memorandum from the Gauteng June Exam 2022 (English), 6 pages. Read online or download the free PDF.

- Page: https://www.hlayiso.com/library/gr9-ems-p2-eng-june-2022-possible-answers/c2a6f6cb-afb6-4187-b7ce-6878bc2a4e69
- Updated: 2026-09-27
- Subject: Economics
- Grade: Grade 9
- Language: English
- Document type: Memorandum
- Year: 2022
- Exam period: Gauteng June Exam
- Paper: 2
- Curriculum: CAPS
- Pages: 6

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## About this document

Economics · Grade 9 · Gauteng June Exam · 2022 · English. Memorandum, 6 pages. Read online or download the PDF.

Read it free online on the page above; download the PDF from there.

## Matching paper and memo

- [Gr9 EMS P2 (ENG) June 2022 Question Paper](https://www.hlayiso.com/library/gr9-ems-p2-eng-june-2022-question-paper/a91b5a9a-c90c-4cff-9230-efd5631f04f4) — QP · 2022 · Eng

## Document text

Text extracted from the PDF. Layout, diagrams and tables may not survive extraction.

### Page 1

PROVINCIAL EXAMINATION
                   JUNE 2022
                    GRADE 9
            MARKING GUIDELINES

          ECONOMIC AND MANAGEMENT SCIENCES:
          THE ECONOMY AND ENTREPRENEURSHIP
                      (PAPER 2)

6 pages

### Page 2

MARKING GUIDELINES ECONOMIC AND MANAGEMENT SCIENCES
                                        (PAPER 2)                 GRADE 9

SECTION A: ALL TOPICS

QUESTION 1

1.1   MATCHING ITEMS

      1.1.1   D

      1.1.2   A

      1.1.3   B

      1.1.4   G

      1.1.5   E                                                       5

1.2   CHOOSE THE CORRECT WORD

      1.2.1   closed economy 

      1.2.2   secondary 

      1.2.3   capitalist 

      1.2.4   higher 

      1.2.5   semi-skilled                                            5

                                                    TOTAL SECTION A:   10

                                      10

                                       2

### Page 3

MARKING GUIDELINES ECONOMIC AND MANAGEMENT SCIENCES
                                       (PAPER 2)                 GRADE 9

SECTION B: THE ECONOMY

QUESTION 2: ECONOMIC SYSTEMS

2.1   Planned economy                                                                  (1)

2.2   2.2.1   Mixed economy                                                            (1)

      2.2.2   •     The private sector controls some of the natural resources and the
                    government controls the rest. 
              •     Private enterprise/ownership of businesses in all industries is
                    allowed.
              •     The government also provides services such as healthcare, legal
                    services, infrastructure, etc.
              •     Government and private businesses together produce goods to
                    resolve economic problems faced by the economy.
              •     Government controls business practices through labour, consumer
                    and environmental laws.
              •     Government provides subsidies to both individuals and businesses.
              (Accept any other relevant answer.)                                       (2)

2.3   •     There are high profits being made. ✓
      •     The business is competitive.
      •     Freedom to be able to own her own business.
      (Any one of the above.)                                                           (2)
                                                                                        [6]

                                             6

                                             3

### Page 4

MARKING GUIDELINES ECONOMIC AND MANAGEMENT SCIENCES
                                       (PAPER 2)                 GRADE 9

QUESTION 3: CIRCULAR FLOW

3.1   Government                                                            (1)

3.2   F- Households buy/spend on goods and services. 

      H- Businesses spend on/pay rewards to the factors of production.     (4)

3.3   Option 1     (A → B → C → D)                                         (2)

3.4   3.4.1   Factor of production – Labour                                 (1)

      3.4.2   Remuneration – Salaries/Wages                                 (1)

      3.4.3   Payment to the government – Taxes                             (1)
                                                                            [10]

                                             10

QUESTION 4: PRICE THEORY

4.1   •     Price 
      •     Income
      •     Fashion
      •     Season/weather
      •     Price of other products
      •     Advertising
      •     Competition
      (Accept any one of the above or any other relevant answer.)            (1)

                                              4

### Page 5

MARKING GUIDELINES ECONOMIC AND MANAGEMENT SCIENCES
                                               (PAPER 2)                 GRADE 9

4.2   4.2.1                       Demand and Supply Graph for a PlayStation 4

                      10 000
                                    D                                            S
                       9 000

                       8 000

                       7 000
                                                              E 

        Price (R) 
                       6 000

                       5 000

                       4 000

                       3 000
                                   S                                              D
                       2 000

                       1 000

                           0
                                         5          10        15        20      25
                                                  Quantity
                                                                                         (5)

      4.2.2 R 6 000                                                                     (1)

      4.2.3           Complementary good – Games/Controller 

                      Substitute good – X-box                                           (2)
                                                                                         [9]

                                                      9

                                                                      TOTAL SECTION B:   25

                                                      5

### Page 6

MARKING GUIDELINES ECONOMIC AND MANAGEMENT SCIENCES
                                       (PAPER 2)                 GRADE 9

SECTION C: ENTREPRENEURSHIP

QUESTION 5: SECTORS OF THE ECONOMY

5.1   5.1.1   Tertiary 

      5.1.2   Raw materials obtained from the primary sector are converted/processed
              into final products 

      5.1.3   Farming/Fishing/Forestry/Mining 
              (Accept any one.)                                                             (3)

5.2   •   If resources are not used responsibly, they will get used up and there will be
          a shortage of resources to produce goods in the secondary sector. 
      •   There will be a shortage of goods and services needed by consumers. 
      •   If resources in the primary sector run out, it can cause the other two sectors
          of the economy to collapse.
      (Any other relevant answer, accept any two.)                                          (4)

5.3   5.3.1   COVID-19 pandemic                                                            (1)
      5.3.2   •    Workers have been told to stay at home. 
              •    Factories have had to close. 
              •    Production of goods and services have come to a stop.
              •    Factories have suffered losses due to orders being cancelled.
              •    Supply chains have been brought to a halt.
              (Accept any two.)                                                             (4)

      5.3.3   •    Offer them social grants to be able to sustain themselves. 
              •    Make payments from UIF to cover wage/salary losses.
              (Accept any other relevant answer.)                                           (2)

      5.3.4   Bangladesh (C)                                                               (1)
                                                                                           [15]

                                               15

                                                                   TOTAL SECTION C:         15

                                                                                 TOTAL:     50

                                               6

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