1.1.1 Give two examples of real flows
(FACTORS OF PRODUCTION)
1.1.2 How can the productivity of labour be improved?
(2) 1.2 Study the cartoon below and answer the questions that follow.
1.2.1 Identify ONE example of fixed capital from the above picture
(1)
1.2.2 Name ONE renewable resource from the given picture.
(1)
1.2.3 Briefly describe the term capital deepening.
(2)
1.2.4 Explain how entrepreneurship can benefit the economy.
(2)
1.25 What is the effect of low interest rates on investment?
(2)
1.2.6 Explain the ways banks can assist in making funds more accessible to small
businesses
1.3 How can South Africa economy benefit from an increased capital investment?
(8)