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2.1 Name TWO forms of renewable sources of energy - NSC Consumer Studies - Question 2 - 2019 - Paper 1
Question 2
2.1 Name TWO forms of renewable sources of energy. 2.1.1 Name TWO forms of renewable sources of energy. 2.1.2 State THREE advantages of using renewable sources of ... show full transcript
Worked Solution & Example Answer:2.1 Name TWO forms of renewable sources of energy - NSC Consumer Studies - Question 2 - 2019 - Paper 1
Step 1
Step 2
2.1.2 State THREE advantages of using renewable sources of energy for the natural environment.
Answer
Three advantages of using renewable sources of energy for the environment are:
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Reduced Air Pollution: Renewable energy sources like solar and wind produce little to no air pollutants, thus improving air quality.
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Conservation of Natural Resources: Using renewable energy sources reduces dependence on fossil fuels, preserving resources for future generations.
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Sustainable Energy Production: Renewable energy is sustainable as it can be replenished naturally, ensuring a long-term energy supply without harming the environment.
Step 3
2.2 Define the terms below:
Answer
(a) Guarantee: A guarantee is an assurance from the manufacturer that the product will remain in working order for a particular period of time. It serves as a commitment to rectify any issues that may arise during the specified duration.
(b) Exemption clause: An exemption clause is a provision that releases one party from liability in the event of a breach or failure to fulfill contractual obligations. It shifts the responsibility for certain outcomes from one party to another.
Step 4
2.3 Read the scenario below and identify the exemption clause that was stipulated in the contract.
Answer
The exemption clause identified in Mr. Hill's scenario is that he is responsible for fixing the cellphone himself due to the no-return policy established in the contract he signed. This clause exonerates the service provider from liability regarding the defective cellphone.
Step 5
2.4.1 Explain the effects that the minimum wage will have on inflation.
Answer
The implementation of a national minimum wage is likely to affect inflation in the following ways:
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Increased Costs for Employers: Employers may pass on the increased labor costs to consumers by raising prices for goods and services as they adjust to the new wage requirements.
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Higher Price Level: With an increase in wages, the overall price level may rise as businesses adjust their pricing strategies, leading to potential inflationary pressures.
Step 6
2.4.2 Predict the effects that the minimum wage will have on the finances of South African households.
Answer
The effects of the minimum wage on the finances of South African households may include:
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Increased Income for Low Wage Earners: Families with wage earners earning the minimum wage will benefit from higher incomes, improving their purchasing power.
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Unemployment Concerns: Some households may experience higher unemployment rates as employers may reduce staff to manage the increased wage costs, leading to possible financial strain.
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Dependence on Social Grants: Households facing job losses may become more reliant on social grants and government assistance to meet their financial needs.