Macroeconomic Adaptations (Grade 10 NSC Matric Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
ShowHide
Practise the questions
10 questions from this quiz
By what % did employment grow from 1995-2002, compared to job seeker growth?
By what % did employment grow from 1995-2002, compared to job seeker growth?
12% vs 35%
In which year did AsgiSA replace the GEAR strategy?
In which year did AsgiSA replace the GEAR strategy?
2005
Which challenge did the 1994 government inherit regarding revenue generation?
Which challenge did the 1994 government inherit regarding revenue generation?
Narrow tax base with high unemployment
What were the main causes of poor economic growth before 1994?
What were the main causes of poor economic growth before 1994?
International sanctions & capital flight
How do South African worker productivity levels compare internationally?
How do South African worker productivity levels compare internationally?
Relatively low
Which countries compete with South Africa by producing manufactured goods more cheaply?
Which countries compete with South Africa by producing manufactured goods more cheaply?
China, India, South-East Asia
What creates the cycle where poverty passes from generation to generation?
What creates the cycle where poverty passes from generation to generation?
Limited access to education & healthcare
What does the socialist approach to inequality advocate?
What does the socialist approach to inequality advocate?
Government nationalising private assets
What is the focus of the Urban Renewal Programme?
What is the focus of the Urban Renewal Programme?
Improving disadvantaged urban areas
What positive development has South Africa experienced since 1994?
What positive development has South Africa experienced since 1994?
Large foreign capital inflows