Datum / Date: NOVEMBER 2024
Tyd / Time: 1 HOUR
Punte / Marks: 55
Graad / 8
Grade:
Vak / Subject: EMS ECONOMICS
Vraestel / 2
Paper:
Naam en Van / Name and
Surname:
General instructions for the writing of exams:
1. Quickly scan through your entire paper.
2. Read the question twice before you begin.
3. Make sure to answer ALL questions.
4. Write neatly and legibly.
5 If you struggle too much with a question, move on to the next one and return
once you have answered all the other questions.
6. If the question calls for a longer answer, plan before you start writing.
7. For any answer longer than 1-2 words, always write in full sentences.
8. Make sure every point you make refers to the central question.
9. Use correct grammar, spelling, and punctuation to the best of your ability.
10. If you make a mistake, cross it out clearly with a single, neat line and write
the correct answer instead.
11. Number the answers correctly according to the numbering system used in this
question paper.
12. Present your answers according to the instructions for each question.
Good luck with your exam!
Topics covered in this paper:
Levels and functions of management
Markets
Forms of ownership
Factors of production
The government
The national budget
Standard of living
Bl / Pg 1/8 www.summariessa.co.za Opsteller / DAN SMI
Author:
Graad / Vak / EMS- Datum / Date:
8 NOV 2024
Grade: Subject: Economics
,Bl / Pg 2/8 www.summariessa.co.za Opsteller / DAN SMI
Author:
Graad / Vak / EMS- Datum / Date:
8 NOV 2024
Grade: Subject: Economics
, QUESTION 1
Various options are provided as possible answer to the following
question. Choose the correct answer and only write down the correct
letter next to the question number.
1.1 Which level of government is responsible for monitoring the
implementation of national policies at the provincial level?
A. Local government
B. Municipality
C. Traffic department
D. National government
(1)
1.2 Which of the following is an example of a semi-skilled
individual?
A. doctor performing surgery
B. accountant compiling financial statements
C. software engineer writing code
D. construction worker operating basic machinery
(1)
1.3 Tax on cigarettes is known as …
A. Sin tax
B. Value Added Tax
C. Company tax
D. Personal sin tax
(1)
1.4 A sole trader has … liability.
A. Limited
B. Complete
C. Unlimited
D. Continuity
(1)
Bl / Pg 3/8 www.summariessa.co.za Opsteller / DAN SMI
Author:
Graad / Vak / EMS- Datum / Date:
8 NOV 2024
Grade: Subject: Economics
Tyd / Time: 1 HOUR
Punte / Marks: 55
Graad / 8
Grade:
Vak / Subject: EMS ECONOMICS
Vraestel / 2
Paper:
Naam en Van / Name and
Surname:
General instructions for the writing of exams:
1. Quickly scan through your entire paper.
2. Read the question twice before you begin.
3. Make sure to answer ALL questions.
4. Write neatly and legibly.
5 If you struggle too much with a question, move on to the next one and return
once you have answered all the other questions.
6. If the question calls for a longer answer, plan before you start writing.
7. For any answer longer than 1-2 words, always write in full sentences.
8. Make sure every point you make refers to the central question.
9. Use correct grammar, spelling, and punctuation to the best of your ability.
10. If you make a mistake, cross it out clearly with a single, neat line and write
the correct answer instead.
11. Number the answers correctly according to the numbering system used in this
question paper.
12. Present your answers according to the instructions for each question.
Good luck with your exam!
Topics covered in this paper:
Levels and functions of management
Markets
Forms of ownership
Factors of production
The government
The national budget
Standard of living
Bl / Pg 1/8 www.summariessa.co.za Opsteller / DAN SMI
Author:
Graad / Vak / EMS- Datum / Date:
8 NOV 2024
Grade: Subject: Economics
,Bl / Pg 2/8 www.summariessa.co.za Opsteller / DAN SMI
Author:
Graad / Vak / EMS- Datum / Date:
8 NOV 2024
Grade: Subject: Economics
, QUESTION 1
Various options are provided as possible answer to the following
question. Choose the correct answer and only write down the correct
letter next to the question number.
1.1 Which level of government is responsible for monitoring the
implementation of national policies at the provincial level?
A. Local government
B. Municipality
C. Traffic department
D. National government
(1)
1.2 Which of the following is an example of a semi-skilled
individual?
A. doctor performing surgery
B. accountant compiling financial statements
C. software engineer writing code
D. construction worker operating basic machinery
(1)
1.3 Tax on cigarettes is known as …
A. Sin tax
B. Value Added Tax
C. Company tax
D. Personal sin tax
(1)
1.4 A sole trader has … liability.
A. Limited
B. Complete
C. Unlimited
D. Continuity
(1)
Bl / Pg 3/8 www.summariessa.co.za Opsteller / DAN SMI
Author:
Graad / Vak / EMS- Datum / Date:
8 NOV 2024
Grade: Subject: Economics
