EMS Grade 8 Term 3 Notes pdf
EMS Grade 8 Term 3 Notes pdf:
Below are the pdf downloadable notes for EMS Grade 8 Term 3:
EMS Grade 8 Questions and Answers for Term 3
True or false questions and answers ems grade 8.
The breaking down of barriers to improve the free movement of goods, services, and capital is called nationalization.
False. The correct term is globalization. Nationalization refers to the process of bringing industries under state control.
Multiple Choice Questions and answers EMS Grade 8
The breaking down of barriers to improve the free movement of goods, services, and capital without regard for national boundaries is called…
A. immigration B. globalization C. urbanization D. nationalization
Answer: B. globalization Explanation: Globalization refers to the process of increasing international interdependence and the breaking down of trade and economic barriers.
A characteristic of South Africa’s manufacturing industry is that it is…
A. highly concentrated. B. spread over different provinces. C. isolated from world markets. D. not contributing to the GDP.
Answer: A. highly concentrated. Explanation: South Africa’s manufacturing industry is known for being concentrated in certain areas, particularly in urban and industrial centers.
Fill in the Missing Words Questions and answers EMS Grade 8
Where households aim to produce enough goods for their own consumption:
Subsistence farming. Explanation: This refers to a type of agriculture where the focus is on growing enough food to feed the household.
Where goods are exchanged for goods with more or less the same value:
Barter system. Explanation: A barter system is an old method of exchange where people trade goods and services directly without using money.
Laws that govern commercial transactions:
Commercial law. Explanation: Commercial law, also known as business law, covers the rules and regulations governing commercial transactions.
Where people move from place to place for food and water:
Nomadism. Explanation: Nomadism refers to the lifestyle of people who move frequently, often seasonally, to find food and water.
When a business focuses on the production of one item to become more efficient:
Specialization. Explanation: Specialization is the process of concentrating on and becoming expert in a particular subject or skill.
An increase in the amount of goods and services produced in a country:
Economic growth. Explanation: Economic growth is the increase in the production of goods and services over a specific period.
Short Answer Questions and answers EMS Grade 8
Name two types of infrastructure in a country.
- Transportation infrastructure (e.g., roads, railways).
- Communication infrastructure (e.g., internet, telecommunication networks).
Why do businesses prefer mass production to other production methods?
Businesses prefer mass production because it allows for the production of goods on a large scale, leading to lower costs per unit, economies of scale, and the ability to meet large market demands efficiently.
How can an increase in income lead to the development of industries?
An increase in income boosts consumer spending, which in turn raises the demand for goods and services. This increased demand can lead to the expansion of existing industries and the creation of new ones to meet the market needs.
Long Answer
Explain the development of markets and trade in early societies.
The development of markets and trade in early societies began with simple barter systems, where goods and services were directly exchanged. As societies grew and specialized labor emerged, there was a need for a more efficient system of trade, leading to the creation of currency. Markets became central places where people could buy and sell goods, facilitating trade and economic growth. Over time, trade routes expanded, connecting different regions and cultures, and leading to the exchange of not just goods but also ideas and technology. This process laid the foundation for the complex global trade systems we have today.
Discuss the government’s involvement in trade through taxes and infrastructure.
Governments play a crucial role in trade by setting and collecting taxes, which are used to fund infrastructure projects like roads, ports, and communication networks. These infrastructure developments are essential for efficient trade as they reduce transportation costs and time, making it easier for goods to reach markets. Additionally, governments may impose tariffs and trade regulations to protect local industries or generate revenue. However, these measures can also impact the competitiveness of domestic businesses in the global market. Overall, government policies and infrastructure investment significantly influence a country’s trade dynamics and economic development.
Explain how an increase in the demand for goods and services contributed to industrial development.
An increase in the demand for goods and services drives industrial development by encouraging businesses to scale up production to meet consumer needs. This often leads to investments in new technologies, machinery, and skilled labor, which increase production efficiency and output. As industries expand, they create more jobs, boost economic activity, and stimulate further demand in a positive feedback loop. The growth of industries also encourages the development of related sectors, such as logistics and finance, contributing to overall economic growth and development.
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Take home Pack Gr 8 EMS T3
The Grade 8 take home pack consists of activities of term 3.
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Home » GRADE 8 ECONOMICS AND MANAGEMENT SCIENCES (EMS)
GRADE 8 ECONOMICS AND MANAGEMENT SCIENCES (EMS)
Download free printable Grade 8 Economics and Management Sciences Worksheets, Tests, Assignments, Investigations and Projects.
Accounting – practical activity
Accounting concepts
Accounting Concepts – Cash Receipts and Payments
Accounting terminology
Assets and Liabilities
Assets and Liabilities – Households
Banking – Investment
Banks in South Africa
Benefits of Technology
Business activities in the Economic sectors
Business ideas
Business ideas in Manufacturing
Calculating Interest
Career planning
Cash Receipts and Cash Payments Journals
Category – Levels of work
Characteristics of forms of ownership
Characteristics of the National budget
Commercial banks and entrepreneurship
Computer skills
Computer skills – practical
Computers – Hardware
Concepts on economic growth and development
Cost calculations
Economic cycle
Economic cycle, sustainable growth and development and financial skills
Economic inequalities
Economic Systems – Capitalism
Economic Systems – Communism
Economic Systems – Mixed Economy
Entrepreneur and government
Entrepreneurial skills and knowledge
Entrepreneurship
Entrepreneurship – case studies
Entrepreneurship in the Formal sector
Entrepreneurship in the Informal sector
Exports and Imports
Financial concepts
Formal and Informal businesses
Formal and Informal sectors
Forms and functions of money
Forms of money
Forms of ownership
Forms of ownership 2
Forms of ownership in the Formal and Informal sector
Forms of ownership in the Formal sector
Forms of Savings
Franchising
Franchising – How it works
Functions of money
Goals of the RDP
History and Role of Trade Unions
History of money
Imports and Exports
Informal businesses in the community
Informal sectors in developing countries
Interpreting a statement of net worth
Investing in a business
Investing in Shares
Investment and the average household
Investment Strategies
Investments
Job responsibilities – descriptions
Jobs, careers and planning
Key concepts
Keyboard functions
Leadership and Management strategies in investment
Leadership and Management styles
Leadership strategies
Management concepts
Measuring Inflation
Net worth and wealth
Principles of the RDP
Productivity
Productivity and Technology
Promoting entrepreneurship
Purchasing Materials
Reconstruction and Development Programme – Housing
Reasons for Inflation
Recording Accounts
Remuneration
Retirement investments
Role of money
Saving at a bank
Savings and Investment
Savings and investments 2
Savings plan
Service businesses
Service Businesses – Tourism industry
Source documents
Source documents – Deposit slips
Source documents – Invoices
Source documents – Receipts
Source documents in a business
Start-up and running cost of a small business
Statement of net worth – Business
Statement of Receipts and Payments – Cash Book
Stimulating the Economy through the RDP
Structures of organisation (organogram)
Successful entrepreneurs
Sustainable growth and Development
Technology in the household
Technology, economic growth and development
The Accounting equation
The economic problem
The National budget
The National budget and economic growth
The Production Process
The Reconstruction and Development Programme
Tourism industry
Trade Unions
Trade Unions – rights and responsibilities
Trade Unions in South Africa
Types of entrepreneurship
Understanding Inflation
Understanding net worth
Unlimited wants and limited resources – scarcity
Using Word – designs
Word – word processing
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EMS GRADE 8 CONTROLLED TEST MEMO 2022
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EMS Assignment - Calculation business plan; Business functions and they roles and importance in the business world; Related Studylists EMS. Preview text (NAME OF SCHOOL) ECONOMIC AND MANAGEMENT SCIENCES GRADE 8. Term 3: Task 4: Project - Forms of ownership. Moderator: Examiner: Due date: September 2023 Marks: 50. INSTRUCTIONS: This project ...
1. An introduction in which you briefly describe four different forms of ownership for a South. African business and discuss the importance of choosing the right form of ownership for any. business. (10) 2. Analyse and discuss the characteristics, advantages and disadvantages of a sole trader. (15) 3.
Question 1. rship interest will be R________ [1]Which of the followi. g represents the accounti. L. abilities = Ownership interest [1]3. Write down the information below i. the form of the accounting equation. Use the amounts to indicate that th. 4. 00 Ownership interest R18 000 [2]4. If any two elements of the accounting equation are kno.
EMS Grade 8 Term 3 Notes ... ems-gr-8-term-4-week-3-lesson-planDownload Gr-8-EMS-3-in-1-Extracts-26-July-2023Download take-home-pack-gr-8-ems-t3-2021Download term-3-iceberg-assignment-resitDownload topic-1-term-3-2020-management-and-leadershipDownload topic-2-term-3-2020-forms-of-ownershipDownload EMS Grade 8 Questions and Answers for Term 3 ...
3. Write neatly, legibly and in blue ink. 4. Do research to achieve the maximum marks. 5. This assessment consist of 3 pages. QUESTION 1: Form of ownership #1 [25] Study the trademark below and do research on the South African branch of this global business to answer the following questions. 1.1.
Everything you will need to know for your EMS Term 3 Assessment!! Learn with flashcards, games, and more — for free. ... Grade 8 EMS Revision (Term 3) 5.0 (1 review) Flashcards; Learn; Test; Match; Q-Chat; When you receive money into the business, you record the transaction in the _____ . CRJ. 1 / 35. 1 / 35.
Take home Pack Gr 8 EMS T3. Free. Download. Type: pdf. Size: 0.44MB. Share this content. The Grade 8 take home pack consists of activities of term 3.
Title. Microsoft Word - EMS Grade 8 -2021 - term 3 - CASS. Author. Matthew. Created Date. 8/24/2021 8:19:00 PM.
The total price includes the item price and a buyer fee. EMS GR 8 TERM 3 Formal Assessments Project. Compiled according to the Annual Teaching Plan and Programme of Assessment. Cash receipts Journal and Cash Payments Journal. Answersheet and memorandum included.
GRADE 8 EMS ASSESSMENT WORKSHEET 38 MARKS FORMS OF OWNERSHIP 1. Name three forms of ownership: (3) SOLE TRADER PARTNERSHIP PRIVATE COMPANY 2. Concepts of forms of ownership: (6) Concept Explanation Legal personality Business is ... 5.3 ___b__ (1) 6. You have been running a small tuckshop at school over the past year.
1. Private: Receive a Certificate of Incorporation before they can start trading. Public: Receive a Certificate of Incorporation before they can start trading. 2. Private: Have a minimum of 1 and maximum of 50 members. Public: Have a minimum of 7 and a maximum is limited to the number of shares the business issues. 3.
Here are the 5 different types of business structures and how they will impact your business: 1. Sole Proprietorship. A sole proprietorship is when there is a single founder who owns and runs the business. This is the simplest form of business entity because the business is not separate from the owner.
Thuma Mina Teaching posted a video to playlist Grade 8 EMS. S r o p e o d n s t t f 3 0 c g 9 m g i f f f 2 8 4 l 2 i 3 , 7 c s A u 1 3 u 5 0 2 c 7 2 8 m 8 8 f 1 7 4 2 0 4 f g · Shared with Public
Download free printable Grade 8 Economics and Management Sciences Worksheets, Tests, Assignments, Investigations and Projects. Accounting - practical activity. Accounting concepts. Accounting Concepts - Cash Receipts and Payments. Accounting terminology. Assets and Liabilities. Assets and Liabilities - Households. Banking - Investment ...
1 GENERAL EDUCATION AND TRAINING NKANGALA DISTRICT ECONOMICS AND MANAGEMENT SCIENCES CONTROLLED TEST GRADE 8 MARCH 2022 THE ECONOMY AND FINANCIAL LITERACY MEMORANDUM 1 2 SECTION A QUESTION 1 1. Match column A with B, write only the correct letter next to the number in the last column e.g. 1.1. A 1.1. D 1.2. C 1.3. F 1.4. A 1.5.
Uploaded by CorporalSardine4248. EMS GRADE 8: RESOURCE PACK TERM 3 INTRODUCTION: Dear learner This resource pack is to help and support you to master the content of term 3. It contains Financial Literacy, Entrepreneurship and the Economy. If you worked through all the lesson plans and activities of term 3, you are ready to do these activities.
Memorandum/Rubric Included. Last Updated August 11, 2020. $5. EMS Term 3 Gr 8 Assignment: Forms of ownership quantity. Add to cart. Share this resource. Use, by you or one client, in a single end product which end users are not charged for. The total price includes the item price and a buyer fee. EMS Term 3 Gr 8 Assignment: Forms of ownership.