Defining and Understanding Socio-Economic Issues (Grade 10 NSC Matric Business Studies): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What are socio-economic issues?
What are socio-economic issues?
Challenges combining social & economic issues
What is poverty?
What is poverty?
When people lack basic resources for needs
What does inequality mean?
What does inequality mean?
Difference in income & wealth between groups
What is productivity?
What is productivity?
The rate at which tasks are completed
How does poverty limit customer spending power for businesses?
How does poverty limit customer spending power for businesses?
People can't afford goods, reducing demand
How does HIV/AIDS affect worker productivity?
How does HIV/AIDS affect worker productivity?
Employees absent more or can't perform fully
Why do high crime rates increase business costs?
Why do high crime rates increase business costs?
Businesses lose money & must spend on security
Which is a cause of poverty mentioned?
Which is a cause of poverty mentioned?
Low education and limited skills
What does inclusivity in business mean?
What does inclusivity in business mean?
All employees feel welcome & valued
How does poverty continue the unemployment cycle?
How does poverty continue the unemployment cycle?
Less spending leads to sales drops & layoffs