Ote2601
Orientation to teaching Economic and Management Sciences
Assignment 1
2024
Question 1
1.1.
In your opinion, what would you consider to be the results of unemployment in any country
(15)
1.2
Causes of unemployment (15)
1.3
Solutions to unemployment (15)
1.4
The role of Trade Unions in the economy of a country (15) [60]
QUESTION 2
Presidents Nelson Rolihlahla Mandela once said: “In this world nothing can be said to be certain
but death and taxes.” This is one of the most popular economic quotations of all time. This
quotation is so widely used because it is so true. Tax is unavoidable. Taxation is the way in
which the government of a country, gets the income it needs to provide services to the people
of the country. Taxation is a very complex subject with thousands of laws and regulations.
2.1 Distinguish between direct and indirect taxation. How does the country benefit from them?
(10)
2.2 Stokvels have been around for a long time now and they are uniquely South African. The
term “stokvel” dates back to the 19th century when English settlers described their auctions as
“stock fairs”. The illiterate ones referred to it as
Orientation to teaching Economic and Management Sciences
Assignment 1
2024
Question 1
1.1.
In your opinion, what would you consider to be the results of unemployment in any country
(15)
1.2
Causes of unemployment (15)
1.3
Solutions to unemployment (15)
1.4
The role of Trade Unions in the economy of a country (15) [60]
QUESTION 2
Presidents Nelson Rolihlahla Mandela once said: “In this world nothing can be said to be certain
but death and taxes.” This is one of the most popular economic quotations of all time. This
quotation is so widely used because it is so true. Tax is unavoidable. Taxation is the way in
which the government of a country, gets the income it needs to provide services to the people
of the country. Taxation is a very complex subject with thousands of laws and regulations.
2.1 Distinguish between direct and indirect taxation. How does the country benefit from them?
(10)
2.2 Stokvels have been around for a long time now and they are uniquely South African. The
term “stokvel” dates back to the 19th century when English settlers described their auctions as
“stock fairs”. The illiterate ones referred to it as
