Summary Grade 8_Economic and Management Science [EMS] Part 1 : Business Studies / Management
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Course
Economic and Management Science
Institution
8th Grade
A complete summary of the content of Economic and Management Science Grade 8 regarding management [business studies which is regarded part 1], which complies with the requirements as laid out in the CAPS curriculum. Colorful side notes have been added to enhance the learning experience.
GOVERNMENT →group of people > set policies & make laws > control how country functions
Z Responsible for ensuring order and enough money for infrastructure
Z Democracies (SA) > citizens [18+ years old] vote for the government of choice
Z ADMINISTER THE STATE
Use TAXES for:
W Smooth governance of the state
W Ensuring legal compliance
W Provide the infrastructure required for economic growth
LEVELS OF GOVERNMENT:
NATIONAL GOVERNMENT →supremacy over SA
→share responsibility with provinces
2 HOUSES OF PARLIAMENT:
1. National meeting
3 Branches:
Legislative → make laws > South African Parliament
Executive → lead the country > President, Deputy
President and ministers
Judicially → ensure justice over breaches of
Parliament's Acts > Constitutional Court,
Supreme Court of Appeal, High Courts
and Magistrates' Courts
2. National Council of Provinces
[NATIONAL STATE DEPARTMENTS > Basic Education, Energy,
Transport, Water Affairs, Labour & Tourism]
PROVINCIAL → government in each of the 8 provinces
GOVERNMENT → each province = own Premier (head) & own legislative
branch
→ bound by laws and policies at national level > make own
laws and policies within the framework
→ PROVINCIAL LEGISLATURES > announce own constitutions
(in line with Constitution of SA)
Z Eastern Cape: Oscar Mabuyane (ANC)
Z Free State: Mxolisi Dukwana (ANC)
Z Gauteng: Panyaza Lesufi (ANC)
Z KwaZulu-Natal: Nomusa Dube-Ncube (ANC)
Z Limpopo: Stanley Mathabatha (ANC)
Z Mpumalanga: Refilwe Mtsweni-Tsipane (ANC)
Z North West: Job Mokgoro (ANC)
Z Northern Cape: Zamani Saul (ANC)
Z Western Cape: Alan Winde (DA)
LOCAL GOVERNMENT → consists of municipalities which provide many of the
services that people use on a daily basis
→ provide citizens with safe & healthy environment [task]
[SA = 283 municipalities]
OBJECTIVES OF MUNICIPALITIES:
Z Provide democratic & accountable government > local
communities
Z Ensure delivery of services
Z Promote social and economic development
ROLE OF GOVERNMENT > DOMESTIC USE OF RESOURCES:
HOUSEHOLDS BUSINESSES
Z PRODUCERS > sell labour as a product Z PRODUCERS > produce goods / services
(businesses) to sell (households)
Z CONSUMERS > buy products (businesses Z CONSUMERS > buy (use) households'
produce) labour to make products
ROLE OF ECONOMICS IN THE FLOW OF MONEY IN THE ECONOMY
[GOVERNMENT = CONSUMER OF HOUSEHOLD LABOUR & PROVIDER OF RESOURCES
AND SERVICES TO HOUSEHOLDS]
Ie. government = producer in this case (households obtain goods and services such as
electricity & water from municipalities)
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