The Secondary Sector (Grade 11 NSC Matric Economics): Flashcards
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10 cards from this deck
Alternative name for secondary sector
Alternative name for secondary sector
Manufacturing sector
What secondary sector transforms
What secondary sector transforms
Raw materials into finished or semi-finished goods
Light industry characteristics
Light industry characteristics
Smaller goods, less capital, e.g. clothing, electronics
Heavy industry characteristics
Heavy industry characteristics
Large goods, high capital, e.g. steel, shipbuilding
Secondary sector's self-sufficiency benefit
Secondary sector's self-sufficiency benefit
Less dependent on other countries for manufactured goods
How secondary sector contributes to GDP
How secondary sector contributes to GDP
Adds value by processing raw materials into finished goods
Foreign exchange benefit from secondary sector
Foreign exchange benefit from secondary sector
Export manufactured goods to earn foreign currency
Multiplier effect in manufacturing
Multiplier effect in manufacturing
Growth creates more materials, workers, tax revenue ripples
Apartheid's impact on SA secondary sector employment
Apartheid's impact on SA secondary sector employment
Systematically prevented black SA from education & skills
BEE purpose in secondary sector
BEE purpose in secondary sector
Help disadvantaged access skills, jobs, ownership, management
