SECTION B: THE ECONOMY   QUESTION 3: THE HISTORY OF MONEY, NEEDS AND WANTS       3.1 Study the scenario below and answer the following questions.       Ebert and Gerda have been exchanging goods with one another for years. Ebert has a garden full of juicy fruit and vegetables and exchanges them for Gerda’s good quality eggs and meat.  

  5.4 When will households be classified as consumers? (2)

5.1   Help Jackson to measure the shoe in centimeters:  (1)   Click on the button to open the picture in a bigger format.  

  7.2.2 Identify three liabilities from Malcolm’s list of possessions and debts. (3)

2.2       If the area of the tarp on one side of the tent is 9m2. Calculate how much tarp the company will need to make the entire tent. (Think of how many faces a cube has).   (4)    

6.3 Study the scenario below and answer the following question.     Roberto had R2 150 cash at the beginning of the month. He expects to spend R6 355 and receive R8 995 during the month.   6.3.1 Calculate the amount of cash Roberto will have available at the end of the month. (4)

QUESTION 1.3   Food and water is an example of [1]

INSTRUCTIONS   1. This question paper consists of THREE sections:   Section A: Short questions – All topics (10) Section B: The Economy (30) Section C: Financial Literacy (60)   2. Answer ALL the questions in your question paper.   3. Remember to press ‘SUBMIT QUIZ’ to hand in your question paper.  

5.2  Help Jackson to measure the tool in centimeters:  (1)       Click on the button to open the picture in a bigger format.  

2.4 To prepare for the climb the adults in Jackson’s team had to climb a total of 250 km on a practice wall. There are 5 adults in the team.