The Labour Market in South Africa (Grade 10 NSC Matric Economics): Quizzes
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Practise the questions
10 questions from this quiz
What does the labour market represent?
What does the labour market represent?
Interaction between job seekers & firms
What is under-employment in South Africa?
What is under-employment in South Africa?
People with jobs but not full days/skills
Why is labour demand called a derived demand?
Why is labour demand called a derived demand?
It comes from demand for final products
How does the labour demand curve slope?
How does the labour demand curve slope?
Downward: lower wages, more workers
What effect does mechanisation have on labour demand?
What effect does mechanisation have on labour demand?
Decreases demand for certain labour
Who are economically active people?
Who are economically active people?
People willing and able to work
What is brain drain?
What is brain drain?
Skilled workers leaving SA for abroad
How does the labour supply curve slope?
How does the labour supply curve slope?
Upward: higher wages, more workers
What is market equilibrium in the labour market?
What is market equilibrium in the labour market?
Quantity demanded equals quantity supplied
Which factor can influence wage levels?
Which factor can influence wage levels?
Trade unions negotiating wages