Key Concepts (Grade 12 NSC Matric Economics): Flashcards

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Key Concepts
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BBSDP max grant coverage

Up to 80%

SMedP supports

New and expanding local/foreign manufacturers

SSP provides

Cash incentives for skills training & development

DTI primary responsibility

Create competitive business environment & broaden participation

IDC purpose

Promote economic growth & industrial development

IDZs key benefits

Improved tax rates, incentives, port/airport links

SDIs target

Neglected and underdeveloped areas

GATT main goal

Reduce tariffs & eliminate trade barriers

SADC members

15 Southern African states

FIG recipients

International investors establishing manufacturing in SA

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