Approaches Used in South Africa and the North/South Divide (Grade 12 NSC Matric Economics): Quizzes

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Approaches Used in South Africa and the North/South Divide
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In what year did democracy begin in South Africa?

1994

What tools do growth policies use to achieve economic objectives?

Macroeconomic tools

What was the RDP in South Africa's economic policy history?

The first major post-apartheid strategy

What fiscal achievement did GEAR accomplish?

Reduced deficit to less than 3% of GDP

By what year did ASGISA aim to halve unemployment and poverty?

2014

How many jobs did the NGP aim to create by 2020?

5 million

What was JIPSA's role in South African economic policy?

Skills development component of ASGISA

What is the typical life expectancy in developed (North) countries?

75 years

What type of economy characterises developed (North) countries?

Manufacturing-based

What is the primary purpose of BEE programmes?

Transform economy & address history

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