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22 Cards in this Set
- Front
- Back
Standard Of Living |
The access to good and services that make life more comfortable |
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Lifestyle |
The way people and communities live and express themselves |
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Direct Tax |
Tax paid directly to the government. Eg Income Tax |
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Indirect Tax |
Tax paid by households through the goods they buy Eg. VAT, SIN |
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Self Sufficient Societies |
When you meets most of your needs through yhe environment |
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Modern Societies |
A society that is industrialised and uses science and reason to explain things rather than religion and tradition |
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Rural Societies |
An area where there are a few people and where the peoples main economic activities are in the primary sector |
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Why is there Unemployment? |
Not enough jobs, person is fired, person is a graduate looking for a job |
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What is a Government? |
A group of people who are elected by the public to run and control the affairs of a country |
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National Government |
Responsibe for general management of the country and citezens |
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Provincial Government |
Led by a Premier *Interpret laws from the National Gvt *Make thier own laws not overiding the national laws |
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Local Government |
Deals with issues on a local level with towns and cities *Health Services, Water Services, Electricity Sevices, Protection Services |
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Legislative |
Making of laws |
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Executive |
Runs the country |
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Judicial |
Enforces the laws |
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Roles of The Gvt |
*Manage Economic Conditions *Protect nation from enemies *Development of Infrastructure *Provide good medical for citezens *Make sure the constitution is followed |
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Where does the Government get thier money? |
Through people's icome, water tax, Electricity tax, VAT sales tax |
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National Budget |
Calculates how much money a gvt has collected and how it is going to be used |
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How SA spends its Revenue?? |
*Pay Debt *Emergency Fund *National-SAPS, Universities, Courts *Provincial-Schools *Local- Water, Housing, Security, Electricity |
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Cycle of National Budget |
Good Economy-More Earnings-Pay More Taxes Bad Economy-Less earnings- Pay less tax |
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Factors of Production |
Labour Capital Entrepreneurship Land |
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Labour |
Work that people do Payment- Salary/ Wages |