E111 2.2 2.5
-
Upload
alicia-fourie -
Category
Documents
-
view
187 -
download
16
Transcript of E111 2.2 2.5
![Page 1: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/1.jpg)
The Economic ProblemDie ekonomiese probleem
Chapter 2 / Hoofstuk 2 Continue... 2.4 – 2.5
![Page 2: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/2.jpg)
3 Questions 3 Vrae?
•What?
•How?
•For who?
•Wat?
•Hoe?
•Vir wie?
![Page 3: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/3.jpg)
3 Questions 3 Vrae?
![Page 4: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/4.jpg)
![Page 5: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/5.jpg)
HOW? HOE?
• Production Factors (PFs)▫ Natural resources▫ Labour▫ Capital▫ Entrepreneurship
• Produksie faktore (PFe)▫ Natuurlike hulpbronne▫ Arbeid▫ Kapitaal▫ Ondernemerskap
![Page 6: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/6.jpg)
Labour (Box 2.1) Arbeid (Raam 2.1)
• 3 NB Economic activities
▫Produksie
▫Verbruik
▫Handel
• Box 2-1
▫ Specialisation
▫ Division
▫ Benefits?
• 3 NB ekonomiese
aktiwiteite
▫Production
▫Consumption
▫Trade
• Raam 2-1
▫Spesialisasie
▫Verdeling
▫Voordele?
![Page 7: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/7.jpg)
Arbeidsverdeling RAAM 2-1
![Page 8: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/8.jpg)
Labour Arbeid
Voordele / Pros Nadele / Cons
Spaar tyd / Saves time Eentonig / Boring
Toewysing / Allocation Afhanklik / Dependent
Vaardigheid / Dev.skills
Meganisasie / Mechanisation
Kwaliteit / Quality
Produktiwiteit / Productivity
![Page 9: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/9.jpg)
Labour Arbeid
• Technology
▫5th PF
▫Knowledge...more
G&S
▫Invention
▫Innovation
• Money...
▫ NB!! But is it a PF?
▫ What is money?
• Tegnologie
▫5de PF
▫Kennis...meer G&D...
▫Uitvinding
▫Innovasie
• Geld...
▫NB!! Maar is dit ‘n PF?
▫Wat is Geld?
![Page 10: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/10.jpg)
![Page 11: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/11.jpg)
For Who? Vir Wie?
• Who will receive the goods and services that are produced?
• Wie sal die goedere en dienste wat in die ekonomie geproduseer word, ontvang?
![Page 12: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/12.jpg)
PF “Income / Inkome”Natural Resources / Natuurlike Hulpbronne
Rent / Huur
Labour / Arbeid Wages & Salaries / Lone & Salarisse
Capital / Kapitaal Interest / Rente
Entrepreneurship / Ondernemerskap
Revenue / Wins
Functional distribution of income / Funksionele verdeling van inkome
Personal Distribution of Wealth? Persoonlike verdeling van Inkome?
![Page 13: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/13.jpg)
WHO produces WHAT? WIE produseer WAT?
•Primary sector
•Secondary sector
•Tertiary sector
•Primêre sektor
•Sekondêre sektor
•Tersiêre sektor
![Page 14: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/14.jpg)
So... Up to now So... Tot nou
• What is the economic problem?
• Types of goods?
• Production Factors?• PF = Income?
• Wat is die ekonomiese probleem?
• Soorte Goedere?
• Produksie Faktore?• PF = Inkome?
![Page 15: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/15.jpg)
Economic Systems Ekonomiese Stelsels
• System?
• The objective for an
economic system?
• Economic systems:
• Tradition
• Command
• Market
• Mixed
•Stelsel?
•Wat is die doel van ‘n
ekonomiese stelsel?
•Ekonomiese stelsels:
▫Tradisionele
▫Bevel
▫Mark
▫Gemeng
![Page 16: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/16.jpg)
Traditional Tradisiolele
- Tradition- Same goods and Services- Rigid system
- Tradisioneel- Selfde goedere en dienste- Onbuigsame stelsel
![Page 17: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/17.jpg)
Command Bevel
• Production Factors• 70’s and 80’s• North Korea• Socialist
• Produksie faktore• 70’s en 80’s• Noord Korea• Sosialisties(PF =
STAATbehalwe A)
![Page 18: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/18.jpg)
Market / Mark?????
• Any contact / communication between potential buyers and potential sellers of a good or service.
• ‘n Mark is engie kontak of kommunikasie tussen potensiele kopers en potensiele verkopers van ‘n produk of diens.
![Page 19: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/19.jpg)
Market / Mark
• Voorwaardes???• Conditions???
![Page 20: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/20.jpg)
Markstelsel
Dit is 'n stelsel waarin besluite en voorkeure deur die markmeganisme gekommunikeer en
gekoordineer word. Die NB element is markpryse.
![Page 21: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/21.jpg)
Market / Mark
• Kapitalisties• Bepaalde vorm van
eienaarskap oor PF.• Privaatbesit• Markkapitalisme (individualisme,
persloonlike vryheid, private eiendom, eiendomsreg)
• Eiebelang = dryfkrag• Adam Smith
• Capitalism• Particular type of
ownership of PF.• Private ownership• Market capitalism• Adam Smith
![Page 22: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/22.jpg)
Mixed Gemeng
• Produksiefaktore word privaat besit, maar die owerheid voorsien openbare goedere en dienste.
• Mark stuur prysseine, maar die owerheid beinvloed dit deur belasting en subsidies.
SA??
• Production factors are owned privately but the government provides public goods and services
• Market send out price signals but the government intervene with taxes and subsidies.
• SA??
![Page 23: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/23.jpg)
Mixed Gemeng
• Somige ondernemings wat deur die staat besit word?
• Privatisering??• Nasionalisering??
• Some enterprises that are owned by the state?
• Privatisation??• Nationalisation??
![Page 24: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/24.jpg)
![Page 25: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/25.jpg)
![Page 26: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/26.jpg)
Call me Smith… Adam Smith
![Page 27: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/27.jpg)
VIDEO
![Page 28: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/28.jpg)
FACTS ABOUT SMITH
Claim to fame: The wealth of nations, 1776
View Points:Division of labour, free trade and limit the role of government.Invisible hand theory.
![Page 29: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/29.jpg)
Call me Marx…
Karl Marx
![Page 30: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/30.jpg)
FACTS ABOUT MARX
Claim to fame: Das Kapital, 1867
View Points:
Labour – NBs / Arbeid = bron van alle waardeTechnology unemploymentPolitics
![Page 31: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/31.jpg)
![Page 32: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/32.jpg)
FACTS ABOUT KEYNES
Claim to fame: The general theory, 1936
View Points:
MixedThe Level of total economic activity will depend on total demand.Grondslag vir Makro
![Page 33: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/33.jpg)
VIDEO
![Page 34: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/34.jpg)
Something extra and
interesting…
![Page 35: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/35.jpg)
16e eeu: 1501-1600• Mense: / People
▫ Da Vinci▫ Koning Henry VIII ▫ Koningin Elizabeth I▫ Vasco Da Gama...▫ Shakespeare▫ Nostradamus
• Uitvindings: / Inventions▫ Draaiwiel vir die maak van tekstiele /
Spinning wheel for textile production▫ Draagbare horlosie / Portable watch▫ Termometer / Thermometer▫ Spoel toilet / Flush toilet
![Page 36: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/36.jpg)
17e eeu: 1601-1700• Mense: / People
▫ Galileo Galilei▫ Rembrandt van Rijn▫ Pascal▫ Bach▫ Isaac Newton▫ Jan van Riebeeck
• Uitvindings: / Inventions▫ Roomys / Ice cream▫ Sentrale Bank / Central Bank
(John Law)▫ Musket / Musket▫ Bakterieë / Bacteria▫ Calculus
![Page 37: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/37.jpg)
18e eeu: 1701-1800• Mense: / People
▫ George Washington▫ Casanova▫ Mozart▫ Marie Antoinette▫ Vivaldi
• Uitvindings: / Inventions▫ Stoom enjin / steam engine▫ Klavier / Piano▫ Rubber ▫ Staal / Iron▫ Inenting teen waterpokkies /
Inoculation against chicken pocks
![Page 38: E111 2.2 2.5](https://reader031.fdocuments.us/reader031/viewer/2022020715/558c0c49d8b42a9b178b45d5/html5/thumbnails/38.jpg)
20e eeu: 1901-2000• Mense: / People
▫ Hitler▫ Einstein (TIME person of the century)▫ Elvis Presley▫ Niel Amstrong▫ Martin Luther King Jr.▫ Coco Chanel▫ Prinses Diana▫ Koningin Elizabeth II▫ Ghandi
• Uitvindings: / Inventions▫ Motors... / Cars▫ Rekenaars... / Computers▫ Internet...▫ Televisie / Television▫ Radio▫ Teorie van relatiwiteit / Theory of relativity▫ Atoom-bomme / Atom bombs▫ Selfone... / Cell phones▫ Antibiotika / Antibiotics