Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
92 Cards in this Set
- Front
- Back
|
what's the definition of government? |
It is a group of people who have the power to make and enforce laws for a country or area. |
|
|
what system of government does south africa operate? |
three tier system |
|
|
what are the three tier system of government that south africa operates ? Write something about these tiers |
national government local government provincial government *they are autonomous and not hierarchical - they are all separate but inter-related and inter-dependent |
|
|
What does the national government have the responsibility of? |
It makes policies and laws about the rights and responsibilities of the citizens of the country |
|
|
Where does the government get its revenue (income) from? |
taxes |
|
|
What does the government use revenue for? |
Provide services and infrastructure by improves the lives of all people in the country |
|
|
What does the constitution of South Africa do |
They sit the rules for how the government operates |
|
|
What is National government |
Is the part of government that consist of several entities or parties that rule the country |
|
|
What is the national government made up of |
*The National Assembly *The executive committee *Public Departments |
|
|
What is the National Assembly |
The members of Parliament who sit in the national aseemble represent the people of the country |
|
|
What are the responsibilities of the National Assembly |
To approve policies and laws and to monitor the work on the executive and the other departments |
|
|
What is the executive committee |
The cabinet or executive committee coordinate making of the policies and the laws and ensure proper and effective management by the different departments |
|
|
Who appoints the cabinet ministers of the executive committee |
President |
|
|
What is public departments |
The departments and public servants are responsible for doing the work of the government and the executive |
|
|
What are the different roles of government? |
NATIONAL GOVERNMENT : responsibility to make policies and laws about rights and responsibilities of citizens LOCAL GOVERNMENT : municipalities that run towns or districts in the provinces PROVINCIAL GOVERNMENT : there are 9 provinces in SA and each are responsible for running their own province |
|
|
What is a provincial government? |
It is part of government that are responsible for running of the province |
|
|
How are provincial departments financed |
They are given grants by the national assembly but also will collect their own Revenue |
|
|
what is the definition of local government |
Local government is the division of the national government that is responsible for the running of municipalities |
|
|
What causes global warming |
Greenhouse gases |
|
|
What do governments do |
They make and enforce laws |
|
|
What are the different tax |
Personal tax corporate income tax VAT |
|
|
What is the most common tax |
Personal tax |
|
|
What does RDP stand for and what do they do |
Reconstruction and Development Programme They tried to improve the lives of the Poor |
|
|
Give examples of fossil fuels |
Oil coal natural gas |
|
|
, give the definition of capital |
Money and other assets provided by the owner to start a business capital increases owner's equity |
|
|
What are drawings |
When the owners take money out of from a business for personal or family use |
|
|
What's transaction |
Any activity where money or items of value are exchanged between two parties |
|
|
What is a source document |
Each transaction must be recorded on a source document with all the information on it which really relates to the transaction |
|
|
What is current asset |
Assets that can be converted into cash within a year and are temporary in nature |
|
|
What is a fixed or non-current asset |
Possession purchased by business with the view to using them for more than a year yeah |
|
|
what is non-current asset |
Debt that is repaired over a longer. Than a year |
|
|
What is a current liability |
Debt that should be paid within one year |
|
|
What's a national budget |
Plans for what money will come in and what money will go out and is a summary of countries receipts and payments for the future |
|
|
What is a budget deficit |
The gap between the government's income and its spending |
|
|
What is transfer duties |
Indirect tax paid when you purchase a fixed property |
|
|
What are import duties |
Chart on the price of goods bought from overseas |
|
|
What is income tax |
Paid as a percentage of wages and salaries earned |
|
|
What are stamp duties |
Charged as part of a Levy on all legal documents |
|
|
What is a fuel Levy |
Charge as part of the cost of fuel |
|
|
What is excise duties |
Charge as part of a percentage on alcohol and tobacco items |
|
|
What is company tax |
Charge as a percentage of net profit on registered business |
|
|
What is a bank Levy |
Charged on bank transactions |
|
|
what is value added tax |
Paid as a percentage of goods and services bought |
|
|
What is metropolitan municipality is responsible for |
For all the local services development and delivery but in the local municipality municipality is Mrs share amongst the different District |
|
|
Who elects the President? |
Parliament |
|
|
Name some departments at national level |
Defense Foreign affairs Water and forestry Science and technology Trade and industry Minerals and energy Home affairs |
|
|
Name departments that consist of national and provincial departments |
Health Education Housing Social development |
|
|
What department is responsible for running each province? |
Provincial government |
|
|
What are SA's big cities? |
Cape Town Durban East Rand Johannesburg Pretoria Port Elizabeth |
|
|
What municipalities do the six big cities in South Africa have |
Metropolitan municipalities |
|
|
What kind of municipalities do smaller cities in South Africa have |
District or local municipalities |
|
|
Name some functions that municipalities are responsible for in their areas |
Electricity delivery refuse removal municipal roads libraries water for household use firefighting services |
|
|
What are metropolitan municipality is responsible for |
Local services development delivery |
|
|
Why is a budget important |
So that you have control over what you spend and to be able to know where to cut back on expenses |
|
|
What does the government provide so that households and businesses interact in the economy? |
Infrastructure Laws |
|
|
What does the government depend on households and businesses for? |
Their Income Labour Capital & natural resources |
|
|
What do households depend on the government for? |
To provide them with essential services such as health, Education, security |
|
|
What do households depend on businesses for? |
To provide them with their needs |
|
|
What does every budget consist of? |
Income on one side and expenditure on the other side and these sides need to be equal |
|
|
When is the financial year and what is it called |
Interest on 1 March and ends 28 February each year this is called a fiscal year |
|
|
Who approves the government budget |
Parliament |
|
|
How does a government budget differ from a household budget? |
1. The budget must be approved by Parliament. Once there's been a vote it becomes law 2. the government can afford to spend more than it receives because of its her credit worthiness |
|
|
what is a budget deficit? |
it is when the government keeps on borrowing money to cover the gap between its income and it's spending |
|
|
what does the government need money for? |
To pay for services and salaries |
|
|
What is the government role in houses in business |
National government Business Household |
|
|
What is a budget |
A budget is a plan for a future |
|
|
What is a national budget |
I just plans for what money will come in and watch my new car out and in a summary of the country is receipt and payments for the future |
|
|
What are the two sides of the budget |
Come on once I said expenditure on the other side |
|
|
Who houses how much money is coming in the state office free taxes and lunch |
The minister of Finance to together with his Department |
|
|
what is it called when the financial year start at 1 March and ends 28february |
fiscal year |
|
|
How does the government budget differ from households budgets |
Cicely the Patrick must be approved by Parliament why they has been offered on it it becomes law Secondly the government can afford to constantly spend more than it receives because of it's relatively how credit with with in |
|
|
What is it called when the gap between its income and its spending |
budget deficit |
|
|
What does direct tax consist of |
Personal taxes at each individual ones about the predetermined figure how to pay income tax |
|
|
How is the tax collected |
all employees who earn a fixed income pay a percentage to their income to the government no a monthly or weekly basses 2.those people who don't earn a fixed income but depend on commission interest pay provincial tax |
|
|
what percentage of their final net profit? |
28% |
|
|
What is provincial government |
Is that part of a government that response before running of the province |
|
|
What is a provincial government |
South Africa had non Providence and they each have their own provincial government |
|
|
how does budgets affect you? |
the amount of money that the government decides to spend on services affects us directly polices made by government saffect our interest rates tax decisions affect the rate of inflation |
|
|
What does the national budget work on |
National scale and locate money to certain project |
|
|
what does COSATU |
congress of South African Trade Unions |
|
|
what are the five programmers in the RDP |
meeting basic needs developing the country humans resource building the economy democrasting the state and society implementing the RDP by all divisions of government |
|
|
How do you measure wealthy people |
high income earners middle income earners low income earner |
|
|
what does scarcity mean |
not lots of water |
|
|
what does sustainable economic development |
Capable of being intent to study level without exhausting natural resources are causing ecological damage |
|
|
What's unemployment rate |
24.9% |
|
|
What does PAYE stand for? What kind of tax is it? |
Pay As You Earn It is a personal tax which is a direct tax that employees who earn a fixed income pay a percentage to the government |
|
|
What is it called when all employees who earn a fixed income pay a percentage to the government? |
PAYE (Pay as you earn) |
|
|
How are direct taxes collected? |
*Employees pay a percentage of their regular income to the government (PAYE) *people pay provisional tax if they don't have a fixed income |
|
|
What percentage do companies pay income tax? |
28% |
|
|
Give examples of indirect taxes |
VAT Fuel levies Customs and import duties Sin tax Transfer duty |
|
|
What is sin tax? |
Taxes on alcohol and tobacco |
|
|
Give an example of direct tax |
PAYE |
