PST311L Economic Literacy and Entrepreneurship
University of South Africa (Unisa)
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PST 311L ASS 1
- Answers • 12 pages • 2019
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1.2.1 Traditional mechanism
•	South Africa’s economy was traditionally rooted in the primary sectors – the result of a wealth of mineral resources and favourable agricultural conditions. But recent decades have seen a structural shift in output.

Well, a traditional economy is that in which customs, traditions, and beliefs are rich in developing the goods and services for the area. In other words, a traditional economy is one that is built around the way a society lives. The goods and serv...
Assignment 2 (written) for PST311L (Economic Literacy and Entrepreneurship). These notes are useful to help you learn for exams as well as to complete assignments.
![PST 311L PASS ASS 2](/docpics/5c90eaa626162_521598.jpg)
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PST 311L PASS ASS 2
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When assets are recorded on the balance sheet of a business, they are classified as being either short-term or long-term assets. A short-term asset is expected to be consumed within one year, while long-term assets are to be consumed in more than one year. Some intangible assets are not recorded on the balance sheet, unless they have been purchased or acquired. For example, a taxi license can be recognized as an intangible asset, because it was purchased. In addition, the value of a customer lis...
Comprehensive summary and answers to all past exam questions
I have typed out some of the previous Exam and Assignment questions with their answers.
![PST311L A1 S1 2018](/docpics/5b410c871a51d_442685.jpg)
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PST311L A1 S1 2018
- Answers • 8 pages • 2018
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PST311L- Economic Literacy and Entrepreurship, Assignment 1 marked, Semester 1 2018.

![PST311L A2 S1](/docpics/5b40ec6ae67b1_442634.jpg)
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PST311L A2 S1
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PST311L-Economic Literacy and Entrepreneurship, Assignment 2, Semester 1 2018, marked.
![May/June 2017 Paper 1 PST311L](/docpics/5aef7b1e7db31_421671.jpg)
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May/June 2017 Paper 1 PST311L
- Exam (elaborations) • 9 pages • 2018
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Paper 1 of May/June 2017 for the module PST311L. Question paper and answers included.
![PST311L Oct/Nov 2016](/docpics/5aef251b1a571_421615.jpg)
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PST311L Oct/Nov 2016
- Exam (elaborations) • 9 pages • 2018
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Question Paper and Answers (includes page numbers from study guide) for the module PST311L Oct/Nov 2016.
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