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What is the definition of lifestyle?
Lifestyle refers to the way a person lives, including their habits, behaviours, and choices.
What are three types of societies discussed in the notes?
Self-Sufficient Societies 2. Modern/Urban Society 3. Rural Society.
What does Kibbutz mean?
A Kibbutz is a collective community in Israel that is traditionally based on agriculture and the principles of communal living.
What is a characteristic of self-sufficient societies?
They are independent communities that provide for their own needs.
What is the definition of sustainability?
Sustainability is meeting the needs of the present without compromising the ability of future generations to meet their own needs.
What is the unemployment rate formula?
Unemployment Rate = (Number of Unemployed People / Labour Force) × 100.
What does CPI stand for in measuring inflation?
Consumer Price Index.
What characterizes inflation?
Inflation is characterized by a continuous rise in general price levels of goods and services.
What impact can inflation have on the standard of living?
If wages do not rise in tandem with inflation, the standard of living can decline.
List one initiative to help overcome unemployment in South Africa.
AsgiSA (Accelerated and Shared Growth Initiative for South Africa).
What is one consequence of inflation mentioned in the notes?
Inflation diminishes the purchasing power of money.
What are businesses encouraged to do to protect the environment?
Use biodegradable materials, reduce resource wastage, recycle, and develop sustainable energy resources.
What initiatives can improve the low standard of living in South Africa?
Ensure access to clean water, electricity, sanitation, and affordable housing.
What is the goal of the RDP (Reconstruction and Development Programme)?
To achieve fair distribution of income and meet the basic needs of South Africans.
What can result from slow population growth?
Improved living standards, as families can allocate more resources to each child.
Why is improving productivity important?
It boosts economic growth and enhances overall workforce health.
What is the formula for calculating the increase in price with an inflation rate of 8,8%
