Impact of Contemporary Socio-Economic Issues (Grade 11 NSC Matric Business Studies): Flashcards
📚Flashcards
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10 cards from this deck
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Practise the cards
10 cards from this deck
Inflation
Inflation
General increase in prices across the economy
Dumping
Dumping
Exporting products at lower prices than in home markets
Strike
Strike
Employees refuse to work to pressure employers
Fraud
Fraud
Unlawful use of money that doesn't belong to someone
Money laundering
Money laundering
Hiding the source of illegally obtained money
Copyright
Copyright
Exclusive legal rights to creative works
Disposable income
Disposable income
Money left after paying taxes and essential services
Skewed income distribution
Skewed income distribution
Unequal spread of wealth across a population
Piracy
Piracy
Illegal use or copying of work without permission
Demographic factors in SA
Demographic factors in SA
Age groups, gender ratios, racial compositions