Economic Development of Communities (Grade 11 NSC Matric Business Studies): Flashcards
📚Flashcards
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Practise the cards
10 cards from this deck
Business practitioners
Business practitioners
Entrepreneurs & business owners running local companies
How businesses aid communities via jobs
How businesses aid communities via jobs
Employ locals, provide steady incomes for families
Civil society
Civil society
Orgs independent of govt, middle ground with business
4 functions of civil society
4 functions of civil society
Service delivery, govt monitoring, help vulnerable, solve issues
NGOs
NGOs
Formal orgs working independently from govt on social issues
4 NGO funding sources
4 NGO funding sources
Govt grants, donors, businesses, individual donations
CBOs
CBOs
Small, local orgs focused on specific community improvements
Key feature of CBOs
Key feature of CBOs
Volunteer-based with minimal funding & informal structure
Main NGO vs CBO difference
Main NGO vs CBO difference
NGOs: large-scale, formal. CBOs: small, local, informal
NGO & CBO similarity
NGO & CBO similarity
Both operate independently from government authorities