EMS Grade 8 Term 3 Notes pdf:
Below are the pdf downloadable notes for EMS Grade 8 Term 3:
EMS Grade 8 Questions and Answers for Term 3
True or False Questions and answers EMS Grade 8
The breaking down of barriers to improve the free movement of goods, services, and capital is called nationalization.
False. The correct term is globalization. Nationalization refers to the process of bringing industries under state control.
Multiple Choice Questions and answers EMS Grade 8
The breaking down of barriers to improve the free movement of goods, services, and capital without regard for national boundaries is called…
A. immigration
B. globalization
C. urbanization
D. nationalization
Answer: B. globalization
Explanation: Globalization refers to the process of increasing international interdependence and the breaking down of trade and economic barriers.
A characteristic of South Africa’s manufacturing industry is that it is…
A. highly concentrated.
B. spread over different provinces.
C. isolated from world markets.
D. not contributing to the GDP.
Answer: A. highly concentrated.
Explanation: South Africa’s manufacturing industry is known for being concentrated in certain areas, particularly in urban and industrial centers.
Fill in the Missing Words Questions and answers EMS Grade 8
Where households aim to produce enough goods for their own consumption:
Subsistence farming.
Explanation: This refers to a type of agriculture where the focus is on growing enough food to feed the household.
Where goods are exchanged for goods with more or less the same value:
Barter system.
Explanation: A barter system is an old method of exchange where people trade goods and services directly without using money.
Laws that govern commercial transactions:
Commercial law.
Explanation: Commercial law, also known as business law, covers the rules and regulations governing commercial transactions.
Where people move from place to place for food and water:
Nomadism.
Explanation: Nomadism refers to the lifestyle of people who move frequently, often seasonally, to find food and water.
When a business focuses on the production of one item to become more efficient:
Specialization.
Explanation: Specialization is the process of concentrating on and becoming expert in a particular subject or skill.
An increase in the amount of goods and services produced in a country:
Economic growth.
Explanation: Economic growth is the increase in the production of goods and services over a specific period.
Short Answer Questions and answers EMS Grade 8
Name two types of infrastructure in a country.
- Transportation infrastructure (e.g., roads, railways).
- Communication infrastructure (e.g., internet, telecommunication networks).
Why do businesses prefer mass production to other production methods?
Businesses prefer mass production because it allows for the production of goods on a large scale, leading to lower costs per unit, economies of scale, and the ability to meet large market demands efficiently.
How can an increase in income lead to the development of industries?
An increase in income boosts consumer spending, which in turn raises the demand for goods and services. This increased demand can lead to the expansion of existing industries and the creation of new ones to meet the market needs.
Long Answer
Explain the development of markets and trade in early societies.
The development of markets and trade in early societies began with simple barter systems, where goods and services were directly exchanged. As societies grew and specialized labor emerged, there was a need for a more efficient system of trade, leading to the creation of currency. Markets became central places where people could buy and sell goods, facilitating trade and economic growth. Over time, trade routes expanded, connecting different regions and cultures, and leading to the exchange of not just goods but also ideas and technology. This process laid the foundation for the complex global trade systems we have today.
Discuss the government’s involvement in trade through taxes and infrastructure.
Governments play a crucial role in trade by setting and collecting taxes, which are used to fund infrastructure projects like roads, ports, and communication networks. These infrastructure developments are essential for efficient trade as they reduce transportation costs and time, making it easier for goods to reach markets. Additionally, governments may impose tariffs and trade regulations to protect local industries or generate revenue. However, these measures can also impact the competitiveness of domestic businesses in the global market. Overall, government policies and infrastructure investment significantly influence a country’s trade dynamics and economic development.
Explain how an increase in the demand for goods and services contributed to industrial development.
An increase in the demand for goods and services drives industrial development by encouraging businesses to scale up production to meet consumer needs. This often leads to investments in new technologies, machinery, and skilled labor, which increase production efficiency and output. As industries expand, they create more jobs, boost economic activity, and stimulate further demand in a positive feedback loop. The growth of industries also encourages the development of related sectors, such as logistics and finance, contributing to overall economic growth and development.