![]() ![]() farming (livestock, crops), forestry, mining, fishingĪctivities that deal with information and researchĪctivities that involve the processing of raw materials and manufacturing of goods, e.g. Transport network (roads, railways) and services (electricity, telecommunication, water and sewerage) that are in placeĪctivities that involve taking natural resources from the earth, e.g. petty trade, casual employment, spaza shops and street hawkers or traders Industrial estates or areas aimed at economic growth and new investment used by developing countries to attract investment, create jobs and boost exportsĪctivities by small, unregistered businesses that sell goods or provide services without being licensed, e.g. Goods and services that are bought from foreign countries ![]() The total value of goods and services produced by the permanent citizens of a country in one year (note that permanent citizens may work out of the country) The total value of goods and services produced within the borders of the country in a year The way in which the economic, social, political and cultural activities of countries across the world are interconnected (working together) Registered businesses that are licensed to sell goods or provide services dollars and pounds, in exchange for goods and services The money paid to South Africa by other countries, e.g. diamond processing and computer chip manufacturing Industries that can be located in any place without being affected by factors such as resources or transport, e.g. When all the people have enough food to meet their needs for a healthy and productive life When not all the people have enough food to meet their needs for a healthy and productive life Occurs when the value of exports is greater than the value of imports ![]() Goods and services that are sold to foreign countries Movement of activities away from over-centralised areasĪctivities that people practise to meet their needs or earn a living Industries that are located between the source of raw materials and the customer, e.g. The value of exports minus the value of imports This chapter covers South Africa’s economic activities,This chapter covers South Africa’s economic activities,as well as food security.Ī country’s financial statement showing its transactions with the rest of the world ![]()
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