# Economics Grade 10 P1 North West November 2019 QP (Eng)

> Grade 10 Economics Paper 1 question paper from the North West November 2019 (English), 12 pages. Read online or download the free PDF.

- Page: https://www.hlayiso.com/library/nw-nsc-gr-10-ecn-p1-eng-nov-2019-2/d96de2c3-7b7c-45c8-a2d7-01891c4e0353
- Updated: 2026-09-27
- Subject: Economics
- Grade: Grade 10
- Document type: Question paper
- Year: 2019
- Exam period: North West November
- Paper: 1
- Curriculum: CAPS
- Pages: 12

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## About this document

Economics · Grade 10 · North West November · 2019. Question paper, 12 pages. Read online or download the PDF.

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### Page 1

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                            PROVINCIAL ASSESSMENT

                                    GRADE 10

                                 ECONOMICS P1

                                 NOVEMBER 2019

MARKS: 150

DURATION: 2hours

                     This question paper consists of 12 pages

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Economics/P1                          2                      NW/November 2019
                                   NSC – Grade 10

INSTRUCTIONS AND INFORMATION

   1. Answer FOUR questions as follows in the ANSWER BOOK.

       SECTION A : COMPULSORY
       SECTION B : ANSWER TWO of the THREE questions
       SECTION C : ANSWER ONE of the TWO questions.

   2. Answer only the required number of questions. Answers in excess of the
      required number will NOT be marked.

   3. Number the answers correctly according to the numbering system used in this
      question paper.

   4. Write the question number above EACH answer.

   5. Read the questions carefully.

   6. Start EACH question on a new page.

   7. Leave 2–3 lines between subsections of questions.

   8. Answer the questions in full sentences and ensure that the format, content
      and context of your responses comply with the cognitive requirements of the
      questions.

   9. Non-programmable pocket calculators may be used.

   10. Write neatly and legibly.

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Economics/P1                              3                    NW/November 2019
                                       NSC – Grade 10

SECTION A (COMPULSORY)

QUESTION 1                                              30 MARKS – 20 MINUTES
1.1 Various possible options are provided as possible answers to the following
    questions. Choose the answer and write only the letter (A–D) next to the
    question number (1.1.1 to1.1.8) in the ANSWERBOOK, eg. 1.1.9 D.

      1.1.1 Economics is a social science that studies how people satisfy their
            numerous needs and wants with …

               A   limited resources.
               B   unlimited resources.
               C   limited satisfaction.
               D   unlimited satisfaction.

      1.1.2 The basic economic problem faced by all nations is …

               A   free goods.
               B   human rights.
               C   scarcity.
               D   free election.

      1.1.3 The most important economic participants in the circular flow diagram
            are…

               A   taxes.
               B   workers.
               C   employers.
               D   households.

      1.1.4 The period that shows a decline in economic activities is …

               A   recovery.
               B   recession.
               C   trend line.
               D   moving averages.

      1.1.5 The situation whereby households aimed at producing all the goods and
            services that they needed for their survival…

               A opportunity cost.
               B alternatives.
               C self-sufficiency.
               D choice.

      1.1.6 The first group of people who lived in the Southern and Western part of
            Africa were …

               A   Khoisan.
               B   Africans tribes.
               C   Europeans.
               D   Arabs .

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Economics/P1                               4                             NW/November 2019
                                        NSC – Grade 10

      1.1.7 Paying your accounts via internet banking is known as…

               A    real money.
               B    E-electronic.
               C    modern money.
               D    indigenous money.

      1.1.8 Information on the size of the population and labour force is obtained
            from the…

               A    IMF.
               B    SARB Quarterly Bulletin.
               C    World- bank.
               D    census.                                                        (8 x 2) (16)
1.2    Choose a description from COLUMN B that matches the item in COLUMN A.
       Write only the letter (A–I) next to the question number.
                     COLUMN A                                    COLUMN B
      1.2.1        Positive statement             A Where goods and services are
                                                    purchased or sold
      1.2.2        Product market
                                                  B      A person moving to another area in
      1.2.3        Employment equity                     the search of work

      1.2.4        Primary sector                 C Raw materials are extracted,
                                                    cultivated and harvested
      1.2.5        Economic growth
                                                  D Equal opportunity for all people in the
      1.2.6        Boom                             work place

      12.7         Barter trade                   E The period of very high economic
                                                    activity just before the economy slow
      1.2.8    Labour force                         down

                                                  F A statement based on facts which can
                                                    be proven

                                                  G A process of exchanging goods and
                                                    services for each other in the absence of
                                                    money
                                                  H The economically active population consist
                                                    of people between the ages of 15 and 64
                                                    who are actively seeking for a job

                                                  I      An increase in the real GDP
                                                                                    (8 x 1) (8)

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Economics/P1                          5                         NW/November 2019
                                   NSC – Grade 10

1.3 Give ONE term for EACH of the following descriptions. Write only the term next
   to the question numbers (1.3.1 to 1.3.6) in the ANSWER BOOK. Abbreviations
   and acronyms will NOT be accepted.

   1.3.1 All the physical and mental effort of human activities involved in the
         production of goods and services.

   1.3.2 When someone has the means and resources to buy a product, but there
         is no supply of that product.

   1.3.3 This is a branch of economics that studies the sum total of economic
         as a whole e.g. employment rate.

   1.3.4 The process whereby people move in and out of the country.

   1.3.5 The lowest turning point of a business cycle.

   1.3.6 The stage or sector whereby the raw materials provided by primary
         industries are converted into products for consumption.       (6 x 1) (6)

                                                             TOTAL SECTION A: 30

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Economics/P1                          6                        NW/November 2019
                                   NSC – Grade 10

SECTION B

Answer any TWO of the three questions from this section in the ANSWERBOOK

QUESTION 2: MACROECONOMICS                              40 MARKS – 30 MINUTES

2.1    Answer the following questions.

       2.1.1 Name any TWO human rights.                                     (2 x 1) (2)

       2.1.2 Why does the government collect taxes from businesses
             and households?                                                (1 x 2) (2)

2.2    Study the cartoon below and answer the questions that follow.

                                                           [ Source: www.google.com]

       2.2.1 Which factor of production is depicted by the cartoon above?           (1)

       2.2.2 What remuneration will be received by the factor of production
             above?                                                                 (1)

       2.2.3 Briefly explain the term production.                                   (2)

       2.2.4 Explain the importance of entrepreneurs in the economy.                (2)

       2.2.5 How does economic growth lead to economic development? (2 x 2) (4)

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Economics/P1                              7                       NW/November 2019
                                       NSC – Grade 10

2.3 Study the diagram below and answer the questions that follow.

                                            CIRCULAR FLOW

                                                                [Source: www.google.com]

      2.3.1    What type of economy is represented in the above diagram?               (1)

      2.3.2    Which participant in the economy will use intermediate goods?          (1)

      2.3.3    Briefly describe the term circular flow.                                (2)

      2.3.4    Why is it important that the government encourages people to
               buy more domestically produced products?                                (2)

      2.3.5 Briefly describe the role of the household in the above diagram.           (4)

2.4      Distinguish between macroeconomics and microeconomics?                (2 x 4) (8)

2.5      Evaluate the effects of business cycle on the economy.                        (8)
                                                                                      [40]

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Economics/P1                         8                         NW/November 2019
                                  NSC – Grade 10

QUESTION 3:          ECONOMIC PURSUITS                   40 MARKS – 30 MINUTES

3.1    Answer the following questions.

       3.1.1 Name any TWO banking institutions in South Africa.            (2 x 1) (2)

       3.1.2 How can an increased income lead to development of industries?
                                                                       (1 x 2) (2)

3.2    Study the cartoon below and answer the questions that follow.

                                                             [Source: www.google.com]

       3.2.1 What negative effect can migration have on the economy?               (1)

       3.2.2 Why do people migrate to urban areas?                                 (1)

       3.2.3 Briefly describe the concept urban migration.                         (2)

       3.2.4 How will the net migration influence the South African economy?       (2)

       3.2.5 In your opinion why is it important for the government to know the
             population growth rate in the country?                                (4)

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Economics/P1                          9                         NW/November 2019
                                   NSC – Grade 10

3.3 Study the information below and answer the questions that follow.

                           THE TRADITIONAL LIFE STYLE

       The nomadic communities consisted of nomadic societies. These
       societies were known as hunters-gatherers. They moved into an area,
       used all the available resources and when there was no longer enough
       food, they moved to another area.
                                                          [Source: www.google.com]

       3.3.1 Which stage of economic development is depicted in the above
             information?                                                            (1)

       3.3.2 Name ONE activity that was practised by these groups of people? (1)

       3.3.3 Briefly describe the concept nomadic lifestyle.                         (2)

       3.3.4 What makes traditional societies to be self-sufficient?                 (2)

       3.3.5 How were the skills taught during the traditional stage                 (4)

3.4   List and explain any TWO factors that hampered economic development in
      South Africa during the agriculture and mining stage.          (2 x 4) (8)

3.5   Evaluate the impact of HIV/Aids on the South African Economy.                 (8)
                                                                                   [40]

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Economics/P1                         10                         NW/November 2019
                                  NSC – Grade 10

QUESTION 4      MACRO ECONOMICS AND ECONOMIC PURSUITS
                                              40 MARKS-30 MINUTES
4.1    Answer the following questions.

       4.1.1 Name TWO types of scarcity.                                    (2 x 1) (2)

       4.1.2 Why is consumption of goods and services important in
             the economy?                                                   (1 x 2) (2)

4.2    Study the table below and answer the questions that follow.

        Value added in R Millions                                    2016
        Primary sector                                                   141 906
        Secondary sector                                                 373 024
        Tertiary sector                                                1 124 555
        Gross value added at basic prices                              1 639 485
        Taxes on products                                                312 863
        Subsidies on products                                             19 106
        Gross domestic products @ market prices                      A

       4.2.1 Which method is used to calculate the GDP in the table above?          (1)

       4.2.2 Identify the sector that contributed least to the GDP above.           (1)

       4.2.3 Briefly describe the concept Gross domestic product.                   (2)

       4.2.4 How can South Africa government use tax to stimulate the
             economy?                                                               (2)

       4.2.5 Calculate the GDP at market prices (A). Show all calculations.         (4)

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Economics/P1                           11                             NW/November 2019
                                    NSC – Grade 10

4.3   Study the information below and answer the questions that follow.

                 Indigenous knowledge can help researchers solve crises

       African researchers have been urged to seek inspiration from indigenous
       knowledge and innovation systems instead of modern commercial methods in
       order to make headway in solving the continent’s development problems.

       An example of the successful application of African indigenous knowledge is
       the mixed cropping system used by various communities in East Africa. In
       Chad, local farmers had been using an indigenous rain-fed irrigation system to
       successfully grow crops in parched desert lands, but the method was
       unsuccessfully replaced by modern commercial irrigation methods.

       In order to establish positive research outcomes in Africa, there is an urgent
       need to integrate Western research techniques with life-transforming
       indigenous knowledge in different fields of human endeavour, in order to
       increase innovation and creativity across the continent.

                                                [Source adapted from University of World news]

      4.3.1 What is an example of an African indigenous farming method
            mentioned above?                                                              (1)

      4.3.2 Identify the ancient method used in Chad to grow crops
            successfully.                                                                 (1)

      4.3.3 Briefly describe the concept indigenous knowledge systems.                    (2)

      4.3.4 Why is indigenous knowledge important in our lives?                           (2)

      4.3.5 Explain why farming is important as an economic activity.                     (4)

4.4 Differentiate between free and economic goods                                 (2 x 4) (8)

4.5 Discuss the impact of strikes on the economy.                                         (8)
                                                                                         [40]

                                                                 TOTAL SECTION B: 80

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Economics/P1                            12                            NW/November 2019
                                     NSC – Grade 10

SECTION C
Answer ONE of the two questions from this section in the ANSWER BOOK.
                                                                                     MARK
                          STRUCTURE OF ESSAY                                      ALLOCATION
Introduction
      A good starting point would be to define a concept or key word that
       appears in the question.
      Include additional information to support the topic.
      Do not include in your introduction any part of the question.
      Do not repeat any part of the introduction in the body.
      Avoid saying in the introduction what you are going to discuss in the
       body.                                                                             Max. 2
Body:

    Main part: Discuss in detail/In-depth discussion/Examine/Critically
    discuss/Analyse/Compare/Evaluate/Distinguish/Differentiate/Explain/Asse
    ss/ Debate.                                                                       Max. 26

    Additional part: Give own opinion/Critically discuss/Evaluate/Critically
    evaluate/Draw a graph and explain/Use the graph given and
    explain/Complete the given
    graph/Calculate/Deduce/Compare/Explain/Distinguish/Interpret/Briefly
    debate.
                                                                                      Max. 10
Conclusion
    The conclusion is a wrap up of the discussion of the topic in the body
       and should be treated as a higher order response.
    The conclusion can take the form of an own opinion, examples to
       support your discussion or contradictory viewpoint from what has been
       discussed.
    No aspect from either the introduction or body should be included in
       the body.                                                                         Max. 2
                                                                      TOTAL               40

QUESTION 5      MACROECONOMICS                                                 40 MARKS

Every country experience cyclical patterns in its economy:
   ● With the aid of a diagram discuss the phases/stages of business cycle.
                                                                   (26 marks)
   ● Explain the endogenous reason (Keynesian theory) for business cycle.
                                                                  (10 marks) [40]
QUESTION 6 ECONOMIC PURSUIT                                                     40 MARKS

Discuss Phase 4: Manufacturing and services stage (1994 to date) in the history of
South African economic growth and development under the following sub-headings:
   ● Characteristics                                               (8 marks)
   ● Factors that contributed to economic development              (9 marks)
   ● Economic consequence                                          (9 marks)
Evaluate the factors that hampered the economic development of manufacturing and
services.                                                         (10 marks) [40]

                                                                  TOTAL SECTION C: 40
                                                                    GRAND TOTAL: 150

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