Download Grade 8 The National budget and economic growth

Educator and Tagging Information
Learning Area:
Economic and Management Sciences
Resource Name:
Economic and Management Sciences
Assessment Exemplar Number:
8.31
Item/s:
1
Phase:
Senior Phase
Grade:
8
Tags:
Structured questions, group discussion, government, national budget, taxes, government income,
government expenditure, economic growth, Formative Assessment
Assessment Type:
Formative
Assessment Form/s:
Structured questions
Copyright for included material:
N/A
Duration:
10 minutes
Learning Outcome(s) and Assessment Standard(s):
Learning Outcome 2: Sustainable growth and development
The learner will be able to demonstrate an understanding of sustainable growth, reconstruction and
development, and to reflect critically on related processes.
Assessment Standards
We know this when the learner
2.1: Investigates and describes how the national budget is used to influence growth and redress
economic inequalities.
Learning Space:
Assessment
Hyperlinks:
To be completed later.
Rating:
Number of questions for exemplar:
One
Easy questions:
Medium questions:
Question 1
Difficult questions:
Assessment Task
How does the national budget influence growth? (Group activity) (LO2 AS1)
Discuss the questions below in your groups and write down your answers in your workbook.
a) What would bring about growth in the South African economy?
[2 marks]
b) In your community, identify some things Government spends its money on.
[5 marks]
c) How does Government put money into the economy by rendering the services you mentioned in
b)?
[3 marks]
d) How does this help to bring about growth?
[2 marks]
Group assessment checklist
Criteria
Our group could explain what would bring about growth in the South African economy.
Our group could identify things in our community the Government spends money on.
Our group could explain how the Government puts money in the economy by rendering
services in our community.
Our group discussed how this helps to bring about growth.
All the members of our group contributed equally to the discussion.
All the members in our group enjoy investigating facts and formulating the best
answers.
Yes No
Suggested Solutions (LO2 AS1)
Question Possible
number
marks
Solution
1
a) Economic growth takes place if the South African economy produces
and consumes more goods and services during a specific year
compared with the previous year. This will increase the gross domestic
product (GDP) of the country.
[2 marks]
b) Clinic, schools, government grants, building sports fields, recreation
facilities, library, hospital, roads, water and sewage, sanitation, etc.
(any five)
[5 marks]
c) Government pays contractors to do the work. They also pay the
salaries of their employees, who are consumers, and who spend their
money in the economy. Government employs people on certain
projects, because many infrastructure jobs require part-time labour.
Government buys supplies and goods from local suppliers. [3 marks]
d) The money Government spends goes into the economy through
salaries and wages and money paid to suppliers. This money can be
used to produce and supply more goods and services.
[2 marks]
12
Appendix of Assessment Tools
Group assessment checklist
Criteria
Our group could explain what would bring about growth in the South African economy.
Our group could identify things in our community the Government spends money on.
Our group could explain how the Government puts money in the economy by rendering
services in our community.
Our group discussed how this helps to bring about growth.
All the members of our group contributed equally to the discussion.
All the members in our group enjoy investigating facts and formulating the best
answers.
Yes No