GRADE 8
ECONOMICS
TERM 2 – FORMAL ASSESSMENT
Total: 50 marks Time: 1 hour
Learner’s name: ____________________________________ Gr. 8: ___________.
Instructions and information:
This question paper consists of five questions, answer all the questions.
No Tip – Ex may be used.
Write in full sentences unless other instructions are given
Good luck!!
The following topics are covered in this test.
The government
The National Budget
Standard of living
Factors of Production
1|Page w w w.summariessa.co.za EMS
Grade 8 June Paper 1
, QUESTION 1
Various options are provided as possible answers for the following questions. Choose the correct
answer and write the letter (A-D) next to the question number (1.1.1 – 1.1.5).
1.1.1 What are goods or services that are necessary for survival and well-being called?
A Essential needs
B Primary goods
C Basic needs
D Mandatory items
1.1.2 Two types of society are
A rich and poor
B cold and warm
C developed and non-developed
D Urban and rural
1.1.3 What is the term for a medium of exchange used to facilitate transactions?
A Money
B Currency
C Barter
D Exchange items
1.1.4 There are ________ levels of government in South Africa.
A Three
B Eight
C One
D Five
1.1.5 The NINE provinces of South Africa are led by:
A Mayors
B Leaders
C Presidents
D Premiers (5)
2|Page w w w.summariessa.co.za EMS
Grade 8 June Paper 1
ECONOMICS
TERM 2 – FORMAL ASSESSMENT
Total: 50 marks Time: 1 hour
Learner’s name: ____________________________________ Gr. 8: ___________.
Instructions and information:
This question paper consists of five questions, answer all the questions.
No Tip – Ex may be used.
Write in full sentences unless other instructions are given
Good luck!!
The following topics are covered in this test.
The government
The National Budget
Standard of living
Factors of Production
1|Page w w w.summariessa.co.za EMS
Grade 8 June Paper 1
, QUESTION 1
Various options are provided as possible answers for the following questions. Choose the correct
answer and write the letter (A-D) next to the question number (1.1.1 – 1.1.5).
1.1.1 What are goods or services that are necessary for survival and well-being called?
A Essential needs
B Primary goods
C Basic needs
D Mandatory items
1.1.2 Two types of society are
A rich and poor
B cold and warm
C developed and non-developed
D Urban and rural
1.1.3 What is the term for a medium of exchange used to facilitate transactions?
A Money
B Currency
C Barter
D Exchange items
1.1.4 There are ________ levels of government in South Africa.
A Three
B Eight
C One
D Five
1.1.5 The NINE provinces of South Africa are led by:
A Mayors
B Leaders
C Presidents
D Premiers (5)
2|Page w w w.summariessa.co.za EMS
Grade 8 June Paper 1
