Grade 10: Socio-Economic Issues

Introduction

Good day learners

Our lesson for today is Socio-Economic Issues, Chapter 10 on your textbooks.

Meaning of socio-economic issues:

  • Socio-economic challenges are issues that affect people and the economy in a negative way. 
  • They are problems that come from social/people and economic/money circumstances.

Students, please watch the following short video that will explain what is socio-economic issues

https://www.youtube.com/watch?v=S6U_kwwd71c

 

Task

At the end of this lesson you will be able to:

· Explain the meaning of socio-economic issues and the reason why they pose a challenge to businesses.

· Define/Give the meaning of inequality and poverty.

· Explain/Discuss/Describe the impact of inequality and poverty on businesses.

 · Define the term “inclusivity” and explain the purpose of inclusivity in the workplace.

· Evaluate the negative impact of HIV/Aids on businesses.

· Outline the different types of gambling and explain their impact on businesses

· Explain the meaning of counterfeiting /bootlegging/strikes /political disturbance &crime

· Explain/Discuss the impact of the above-mentioned socio-economic issues on businesses.

· Identify socio-economic issues from given scenario/statements. Support your answer by quoting from the scenario.

· Explain the impact of socio-economic issues identified in scenarios/statements on businesses.

The following video will assist you in completing the task below:

Activity

Question 1: True/false

Indicate whether the following statements are TRUE or FALSE. Choose the answer and write only 'true' or 'false' next to the question number.

1.1 Money invested on the money market that was stolen from a business through an act of corruption, is an example of a pyramid scheme.

1.2 Gambling is a game of chance by which a person risks losing or gaining money or other possessions.

1.3 Aids is a curable disease transferred by means of body fluids.

1.4 A riot is a violent and chaotic protest generated by unrest.

1.5 An action by an employer to prevent strikers from coming into the workplace is strike action.

1.6 A trademark is a law protecting new inventions.

1.7 An imitation is a copy of a product made with the consent of the creator.

1.8 Theft is the forced entry of a building with the intention to take someone else's belongings as your own.

1.9 Employees subject to emotional violence lack self-confidence.

1.10 Stress in the workplace to meet deadlines, theft, bribery and corruption can result in violence. (10 marks)

Question 2: Short answers

2.1 Discuss the effect of poverty and inequality on business and the South African community. (8)

2.2 Lavender Coco is a victim of domestic violence. Discuss the physical and emotional impact that violence has on business and its workers. (6)

2.3 Draw a table to analyse the 'pros' and the 'cons' of a strike. Evaluate your analysis to conclude whether there are more positives or more negatives. (12)

2.4 Define 'patent' and 'trademark'. (4)

Process

These videos will help you to understand more about the topic

 

Evaluation

Mark Allocation

Question 1

True or False = 10 Marks

Question 2

Short questions = 30 Marks

Conclusion

Despite its natural wealth, South Africa nevertheless faces a number of socio-economic issues, including high unemployment, poverty, social inequality, and limited access to public services. Those problems haven't gone away, and they continue to impair South Africans' quality of life. 

Students, please make sure you study all the information given to you in order to understand the topic better. 

Credits

Thank you to Africa teens  Greek, Swaggy teacher, Lisa Arkeman for sharing your content with us ( videos from YOUTUBE)

Teacher Page

For any queries regarding the topic, do not hesitate to contact me.

Contact number: 0736655458

Email: nolunotshati@gmail.com