This class was created by Brainscape user Marinus Appelgryn. Visit their profile to learn more about the creator.

Decks in this class (14)

Revision
What is money,
What is currency,
What is cash
10  cards
Introduction to Economics
What is economics,
What is scarce resources,
Name the four role players in the...
7  cards
Government
Government consist of,
How often is elections held in so...,
What is parliament
17  cards
National Budget
What is a budget,
What is the national budget,
What is a surplus
10  cards
Standard of Living
What is the definition of standar...,
What factors influence a persons ...,
What is lifestyles
9  cards
Markets
What is a market,
What determines the price,
Types of markets
6  cards
Factors of Production
Name the 4 factors of production,
Definition of capital,
Remuneration of capital
12  cards
Forms of ownership
Definition sole proprietor,
Characteristics sole proprietor,
Advantages sole proprietor
21  cards
Levels and functions of management
Definition of management,
Different levels of management,
Top level management
9  cards
The Development of money
What is money,
What is currency,
What is cash
24  cards
Economic Problem Trade and Role of Banks
What is the economic problem,
What are the four factors of prod...,
What is labour as a factor of pro...
15  cards
Trade Unions
What is a trade union,
What is the rights of workers,
What do trade unions do
4  cards
Inflation
What is inflation,
Why does the inflation rate chang...,
Why does the cost of goods and se...
3  cards
The importance of savings and investments
What does saving mean,
What does investing mean,
How does saving and investing work
6  cards

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G8 EMS

  • Class purpose General learning

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