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Answer Book

This document contains an Economics and Management Sciences answer book for grade 7 with questions covering various topics like the economy, financial literacy, entrepreneurship and business calculations. The document has multiple choice questions, matching questions, fill in the blank questions and descriptive questions to be answered.

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maremane primary school
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23 views5 pages

Answer Book

This document contains an Economics and Management Sciences answer book for grade 7 with questions covering various topics like the economy, financial literacy, entrepreneurship and business calculations. The document has multiple choice questions, matching questions, fill in the blank questions and descriptive questions to be answered.

Uploaded by

maremane primary school
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

GRADE 7

ECONOMICS AND MANAGEMENT SCIENCES


ANSWER BOOK
_____NOVEMBER 2023
LEARNER NAME

QUESTION 1: SECTION A-ALL TOPICS


1.1 Choose the correct answer. Write the letter of the correct answer
1.1.1
1.1.2
1.1.3
1.1.4
1.1.5

1.2: Match the phrases with the description in column B. Write the matching letter.
1.2.1
1.2.2
1.2.3
1.2.4
1.2.5

1.3: Complete the sentences


1.3.1
1.3.2
1.3.3
1.3.4
1.3.5

1.4: Fill in the missing word


1.4.1
1.4.2
1.4.3
1.4.4

1
1.4.5

QUSETION 2
SECTION B : THE ECONOMY
2.1
2.2.1

2.2.2

2.3

2.4.1
2.4.2
2.5

2.6

2.7 New technology Advantage Disadvantage


Cell phone

QUESTION 3
SECTION C: FINANCIAL LITERACY
3.1.1

3.1.2

3.2

2
3.3

3.4

3.5

3.6

3.7

3.8

QUESTION 4
SECTION D: ENTREPRENEUR
4.1

4.2.1
4.2.2
4.2.3
4.2.4
4.2.5
4.3

4.4

3
4.5

4.6

Question 5

5.1
5.2

5.3

5.4
5.5

5.6

5.7

4
QUESTION 6

Cost price Mark-up Selling price


Items
1. Cold drink R6 R4
2. Sweets R5 R17
3. Hot dogs R275 R375
4. Chips R52,50 R7,05

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