Natural Resources (Grade 10 NSC Matric Economics): Flashcards

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Natural Resources
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Year of SA's democratic transition

1994

Definition of a parastatal

Business owned jointly by government and private investors

SA's primary electricity provider

Eskom

Four key mineral types SA produces

Gold, platinum, base metals, coal

Who maintains custody of SA's mineral resources

The government (state custodianship)

Year of Marine Living Resources Act

1998

Purpose of fishing quota system

Prevent overfishing and protect marine ecosystems

Year of National Forests Act

1998

Year of Minerals & Petroleum Resource Development Act

2020

Three options in land claims process

Land restitution, financial compensation, alternative land

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