Economics Grade 10 Study Resources Collection

The circular flow of goods and services is a fundamental concept in economics that provides a simplified representation of how money, goods, and services move throughout an economy. This model features two key players: households and businesses. By understanding the circular flow of goods and services, we can gain a better grasp of the inner … Read more

Name the Special Economic Zone which is in the Free State province: Name the Special Economic Zone which is in the Free State province is Maluti-A-Phofung Special Economic Zone (MAPSEZ), in Harrismith Free State. What does Maluti-A-Phofung Special Economic Zone(MAPSEZ) Provide? The zone provides road and rail logistics and handling facilities for the Gauteng–Durban port … Read more

This page contains Ekonomie (Economics) CAPS Document for FET Phase Grade 10 – 12 (Grade 10, Grade 11, and Grade 12). The CAPS Document includes 2021, 2022, and 2023 latest Lesson Plans for Term 1, Term 2, Term 3, and Term 4.   This is the most important information for Teachers and Learners, that guides … Read more

Distinguishing between Direct and Indirect Taxes: Provide an Example of Each: Let’s learn something about taxes. Taxes can be either direct or indirect. A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. Indirect taxes are basically taxes that can be passed on … Read more

How Does the Market Economy solve Unemployment in the Economy: The market economy is a system in which the production and distribution of goods and services is determined by the interactions of buyers and sellers in a marketplace. In this system, prices are determined by supply and demand, and resources are allocated based on the … Read more

On this page we discuss how does the market economy benefit the society: A market economy is an economic system where the means of production are privately owned, and the production and distribution of goods and services are determined by market forces. In a market economy, the allocation of resources is determined by supply and … Read more

The government has financial budgets that are counted by billions of rands every year. Where is this money coming from? On this page we find out what the five major sources of revenue for the government of South Africa are? List of the five major sources of revenue for the government of South Africa The … Read more