Topic 1 - The Economy - Government

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AC1 - Business Textbook

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49 Terms

1
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What is the meaning of government?

The government makes laws and protects people. It produces essential goods and services in a mixed economy.

2
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What are the different levels of government?

National government, Provincial government, Local government

3
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What is the role of government for households?

To manage resources and services as both consumers and producers.

4
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What is the role of government for businesses?

To manage resources and services as both consumers and producers.

5
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What is democracy?

A system where all citizens can vote for their representatives in Parliament.

6
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What is the Legislative branch of government?

The body that makes laws, consisting of the South African Parliament.

7
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What is the Executive branch of government?

The body that executes laws, led by the President, Deputy President, and ministers.

8
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What is the Judicial branch of government?

The body that ensures justice is served according to the laws made by Parliament.

9
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What is the State?

An organized community run by the government.

10
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What are the responsibilities of government?

To maintain order, provide infrastructure, and ensure services like hospitals and schools.

11
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What are some key terms related to government?

Democracy, Taxes, Parliament, Services, Infrastructure

12
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What is a general election?

An election where citizens vote to choose their government representatives.

13
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What is economic development?

The effort to improve the economic well being of a community by creating jobs.

14
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What does sustainability mean in government context?

The ability to maintain resources for future generations while meeting current needs.

15
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What are public goods and services?

Goods and services provided by the government for the benefit of the public.

16
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What are the levels of government in South Africa?

National Government, Provincial Government, Local Government

17
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How many provinces does South Africa have?

9

18
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What is the role of the Department of Provincial?

Responsible for national coordination of provinces.

19
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What is a municipality?

A district, town, or city with a local government.

20
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How many municipalities are there in South Africa?

283

21
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What are the objectives of municipalities?

Provide democratic government, Ensure service provision, Promote social and economic development

22
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What role do households play in the economy?

Households are both producers and consumers.

23
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How do businesses interact with government?

Sell products/services to government, Pay for government services

24
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What do households provide to the government?

Labour and capital.

25
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What does the government provide to households?

Resources and services.

26
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What do households pay to the national government?

Taxes.

27
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What does the government buy for soldiers?

Uniforms from a business that makes military uniforms.

28
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What do businesses pay for to the government?

Taxes and services such as licenses for vehicles.

29
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What resources do industries require?

Natural resources (water, coal), Human built resources (transport networks, railways, harbours)

30
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How do businesses support households?

By employing members of households and paying for their labour.

31
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What is the definition of government?

A group of people who govern and control a country.

32
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How is the government elected?

Through a democratic voting process.

33
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Who is the current president of South Africa?

Mr Cyril Ramaphosa.

34
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Where is the seat of the government located?

Union Building in Pretoria.

35
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What is one function of the government?

To create and apply laws.

36
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Name three objectives of the government.

Promoting economic growth, Fair distribution of resources, Reducing unemployment

37
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What are the three branches of the National Assembly?

Legislative branch, Executive branch, Judicial branch

38
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What is a function of the national government?

To manage national issues such as safety and security.

39
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What is a function of the local government?

To manage local issues such as electricity supply and traffic management.

40
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What is a function of the provincial government?

To handle economic issues of a region or province.

41
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How does the government interact with households?

Buys factors of production from households, Supplies resources and services, Raises taxes

42
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How does the government interact with businesses?

Supplies resources and services, Creates an orderly business environment, Businesses pay taxes

43
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What are the key differences between state and government?

State is permanent; government is temporary. State possesses original powers; government derives powers from the state.

44
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What does the state possess?

Original powers

45
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Where do the powers of government derive from?

From the state

46
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Is the state temporary or permanent?

Permanent

47
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Is the government permanent or temporary?

Temporary

48
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Is the state abstract or concrete?

Abstract

49
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Is the government abstract or concrete?

Concrete