3.3.1 Identify the first government policy implemented in 1994 to address (1) the imbalances of the past. 3.3.2 Give ONE aim of the National Development Plan. (1) 3.3.3 Briefly describe the term economic development. (2)
3.3.1 Identify the first government policy implemented in 1994 to address (1) the imbalances of the past. 3.3.2 Give ONE aim of the National Development Plan. (1) 3.3.3 Briefly describe the term economic development. (2)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![APRIL 2021
ECONOMICS P1
SC QP
3.3
Study the dialogue below and answer the questions that follow.
Yes, that might be true,
but theNational
I agree. Since
democracy (1994),
policies like theGEAR,
RDP and AsgiSA have
failed us.
Development Plan (NDP)
holds much promise
I feel that
government
policieshave not
done much for
economiç
development ...
[Adapted from Google images.com -
Identify the first government policy implemented in 1994 to address
the imbalances of the past.
3.3.1
(1)
3.3.2
Give ONE aim of the National Development Plan.
(1)
3.3.3 Briefly describe the term economic development.
(2)
3.3.4 Why did AsgiSA fail?
(2)
3.3.5 How will South Africa benefit in a dynamic global environment if the
NDP succeeds?
(2 x 2)
(4)
3.4 Explain the role of international institutions in the standardisation of a country's
indicators.
(4 x 2) (8)
3.5 How can unequal standards of living related to the North-South divide
be addressed?
(8)
[40]
10](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F74838b8a-9b35-43d9-8bfb-2008e1da061c%2F2e966806-97d5-4533-9ad3-7082dad147cf%2Flidrw8b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:APRIL 2021
ECONOMICS P1
SC QP
3.3
Study the dialogue below and answer the questions that follow.
Yes, that might be true,
but theNational
I agree. Since
democracy (1994),
policies like theGEAR,
RDP and AsgiSA have
failed us.
Development Plan (NDP)
holds much promise
I feel that
government
policieshave not
done much for
economiç
development ...
[Adapted from Google images.com -
Identify the first government policy implemented in 1994 to address
the imbalances of the past.
3.3.1
(1)
3.3.2
Give ONE aim of the National Development Plan.
(1)
3.3.3 Briefly describe the term economic development.
(2)
3.3.4 Why did AsgiSA fail?
(2)
3.3.5 How will South Africa benefit in a dynamic global environment if the
NDP succeeds?
(2 x 2)
(4)
3.4 Explain the role of international institutions in the standardisation of a country's
indicators.
(4 x 2) (8)
3.5 How can unequal standards of living related to the North-South divide
be addressed?
(8)
[40]
10
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![Principles of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305585126/9781305585126_smallCoverImage.gif)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Managerial Economics: A Problem Solving Approach](https://www.bartleby.com/isbn_cover_images/9781337106665/9781337106665_smallCoverImage.gif)
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
![Managerial Economics & Business Strategy (Mcgraw-…](https://www.bartleby.com/isbn_cover_images/9781259290619/9781259290619_smallCoverImage.gif)
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education