Economics P1 and P2 grade 11 Makgongoana High School

... facilities insures that consumer goods are available whenever the consumer needs them.

Records that are kept in the macro-economics of a country's total production, income and expenditure are called...

The economic system which is used in South Africa is the ...... economy

This factor of production cannot be stored

Workers that are.... have a low level of schooling, so they have no specialized knowledge.

Workers that are ....... have a low level of schooling, so they have no specialized knowledge.

Land is a factor of production that cannot be stored

... operations or activities, such as farming and forestry, can return to nature what has been taken from it

The value of final goods at prices paid by consumers is...

Another concept for Gross Domestic Product is.....

Mixed economy is a blend of market and centrally planned economy

Stock of a country's production resources is above the size of labour force

Economically marginalized groups includes.....

When capital stock is increased at the same rate as the increase in labour, it is called...

A factor that cannot be separated from its owner is..

The bus rapid transport system(BRT) is one aspect of government efforts to improve national......systems.

The main contributor in the secondary sector

Infrastructure includes the following except .......

.... is the economic system where profit maximization is not entertained.

A system that uses both the market forces and central planning to allocate resources is..

Account for the largest part of total expenditure in the economy.

The method of calculating GDP where by factor incomes of households are added is the...... method

The income method is a method of determining GDP.

Tree is an example of renewable resources

..... facilities show that consumer goods are available whenever the consumer needs them

..... operations or activities, such as farming and forestry are, can return to nature to what has been taken from it

A natural resource that cannot be produced, grown or generated is a ..... resource.

Construction is classified under....sector

Milk can be classified as a.... good.

A natural resource that cannot be produced, grown or generated is ..... resource.

An economy where resources are allocated by government is known as a ........ economy.

Communication is another kind of infrastructure

The sector facilitating the floor of goods and services from producers to consumers is called the .......sector

Economic activities that can't return to nature what they have taken from it is...

The method of calculating GDP whereby factor incomes of households are added is the ... method.