On this page you will find Western Cape Education Department lesson notes for Grade 11 Economics, Term 3 Week 3, on the topic of economic growth. The lesson covers wealth and income creation, the Gini coefficient, the Lorenz curve, and different methods used to redistribute income and wealth. It links back to business cycles and production factors studied in earlier grades and terms. Paper-based and digital resources are listed to support further study. This lesson helps Grade 11 learners understand how wealth is created, distributed, and measured as part of the Term 3 Economics curriculum.
The following document, Economics Grade 11 Term 3 Week 3 2020.pdf, is the full document.