Socio-Economic Factors in Study and Career Choices (Grade 10 NSC Matric Life Orientation): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
ShowHide
Practise the cards
10 cards from this deck
Socio-economic factors
Socio-economic factors
Social (people) & economic (money) aspects affecting decisions
Bursary
Bursary
Study money given to students, no repayment needed
Student loan
Student loan
Money borrowed from bank, must be repaid with interest
Scholarship
Scholarship
Award for academic/sporting excellence, no repayment needed
Learnership
Learnership
Earn money while learning, combines theory & practical work
Stereotyping
Stereotyping
Believing unfairly all people with a trait are the same
Accessibility in education
Accessibility in education
How easy/difficult to access needed education & training
PAYE
PAYE
Pay As You Earn - tax deducted monthly from salary
SITE
SITE
Standard Income Tax on Employees earning < R120,000/year
Income tax threshold in SA
Income tax threshold in SA
Pay income tax if you earn more than about R35,000/year
